Top 500 Chinese companies in the world for the first time

The Financial Times released PetroChina more than Exxon Mobil market capitalisation of 329.3 billion U.S. dollars before the top ten China accounted for three of the News (reporter Yang Yi morninghill tone) This morning, the FT issued the world's top 500 companies ranked, PetroChina for the first time over the United States Exxon oil, the world's largest market capitalisation, the company,　　The top 10 Chinese enterprises have three.　　This is the FT's 14th annual ranking of the world's top 500, and it is the first time Chinese companies have been on the top of the list. As of March 31 this year, PetroChina's current market capitalisation reached $329.3 billion trillion, a more than 13 billion dollar higher than the second Exxon, according to a report from the FT Research institute.　　Microsoft ranked third, and industrial and Commercial Bank of China followed the 246.4 billion dollar market capitalisation.　　This Friday, PetroChina's shares closed at 10.96 yuan per share, slightly up 0.37%. The top 500 list of 21 companies listed in mainland China, all large state-owned or state-controlled enterprises, the industry covers finance, chemical industry, construction, transportation and so on. The total number of Chinese companies listed this year (including Hong Kong, Macao) is 45, slightly below last year's 47. The number of companies listed on the mainland is also less than 27 last year.　　The enterprise including Shanghai Electric, Datang International power generation, purple gold industry, such as the rookie on the list last year.　　The top 10 companies, with the exception of the Australian mining giant BHP Billiton, are all dominated by Chinese and American companies, while US companies occupy six of them.　　Notably, Microsoft is ranked first among IT companies, but on 28th this month Apple's total market capitalisation overtook Microsoft, whose position as the world's it boss had to be ceded for years.　　The report said the 2010 version of the 500 companies had a total market capitalisation of 23.5 trillion dollars, up more than half in 2009, and such a big increase for almost 10 years.　　Shortlisted companies require at least 15% per cent of their shares to circulate in the market, ranked by the company's total market capitalisation on their listed exchanges, and unlisted shares are not counted. Top ten companies in the world market value list of the country's industry market value (billion) last year ranked 1 PetroChina China oil and gas production 3293 2 2 Exxon Mobil US oil and gas production 3162 1 3 Microsoft US IT 2569 6 4 ICBC Bank of China 2464 4 5 　　Apple USA IT 2131 33 6 BHP Australia mining 2099 19 7 Wal-Mart US retail 2090 3 8 Berkshire US Insurance 2006 12 9 GE US manufacturing 1942 23 10 Chinese mobile China Communications 1930 5 Experts point of view of oil in the light of China's economic environment in the morning, the Chinese Petroleum University of Business Management school deputy Dean Dong Xiucheng told our correspondent, PetroChina summit, in fact, is stained with China's economic environment of Light, Europe and the United States is the hardest hit by the financial crisis, the stock market generally fell, so companies such as Exxon Mobil and Shell have been dragged down, and China has withstood the onslaught, and PetroChina has taken the opportunity to overtake its rivals.　　Dong Xiucheng says it is not enough to measure corporate power by market capitalisation, which in some ways reflects the strength of a firm.　　Background links the FT's top 500 Financial Times is a world-leading commercial news organization with a more than 120-year history, and its FTSE100 index, the London stock Market Index, is one of the three major European indices. The FT's 500-strong global ranking is one of the world's leading companies, with Fortune 500. This ranking is based on the stock price of the world's major companies this March 31.　　The list is published once a year and has been published for 14 consecutive periods. The list company must have a minimum of 15% shares in the market circulation. In contrast to the Fortune 500 ranking according to turnover, the FT's Global 500 strong ranked according to the company's market value, that is, market value = unit share price x issued shares.