43 Chinese companies enter Fortune 500 shell tops

The United States "wealth" 8th announced the latest world companies ranked 500. The rankings are ranked among the world's largest companies, based on 2008 business receipts.　　Royal Dutch Shell, which benefited from last year's high oil price, earned $458 billion trillion in 2008, replacing Wal-Mart as the 500-strong "Boss", the first non-US company to top the world's top 500 rankings since 1996.　　Meanwhile, the number of Chinese companies (including mainland China, Taiwan, China, Hong Kong) into the Fortune 500 has increased rapidly, reaching a record 43.　　Oil companies become the biggest beneficiaries data show that, despite the 2008 global financial crisis, the entry threshold for the world's top 500 has again increased by 11.3%, and the number of companies that enter the rankings is more than 18.57 billion dollars, which is more than doubled from ten years ago.　　Because the soaring oil price helped oil companies a little last year, 7 of the top 10 were oil companies, and retail giant Wal-Mart had to cede the top spot to the oil company, Royal Dutch Shell. U.S. companies still dominate the rankings, with 140 American companies on the list, the report shows. Although the US is experiencing its longest recession since the 30, the US economy remains the most important in the world and is likely to remain so for the foreseeable future.　　Exxon Mobil, the United States, remains the world's most profitable company, with a profit of $45.2 billion last year. Chinese companies have emerged from the "fortune" that in the past decade, China's GDP has maintained close to average double-digit growth, and the results of economic growth are directly reflected in the size of the company, with only 8 companies entering the world's 500-strong rankings 10 years ago, and the number of shortlisted Chinese companies in the following decade has increased rapidly,　　This year a record 43, including 34 companies from mainland China, Taiwan, China and Hong Kong are 6 and 3 respectively. In terms of corporate earnings, despite a 8 increase in the number of Chinese companies on the list, total revenue rose 41% to 18,559.800 million dollars, but the total profits of the 43 companies fell slightly, to $97.031 billion. This shows that although China's economic growth rate in 2008 is still over 9%, corporate earnings are still hit by the financial crisis.　　The renminbi has appreciated in varying degrees against the dollar and other major international currencies in 2008, which has also benefited Chinese companies, which have a major market in mainland China. China's 9 new entrants to the rankings are all from mainland China. Of the 9 newly listed companies, Jiangsu Sand Steel Group is the only one on the mainland on the list of private enterprises.　　Compared with last year, the only Chinese company to be listed on the list was the first Lenovo Group to be on the list. Since 1998, Sinopec has been China's top 500 companies in the worldBoss, this year is no exception, and it also entered the world's top 500 for the first 10. But last year China's most lucrative company was no longer in the oil industry, and ICBC became China's most lucrative company with 15.95 billion dollars in profits.