5 Biggest Chinese State-owned Companies

In this piece, we’ll take a look at the 5 Biggest Chinese State-owned Companies. For more such companies, go to 15 Biggest Chinese State-owned Companies.

5. Industrial and Commercial Bank of China (SHA:601398)

Annual Revenue 2021: $209.0 billion

The Chinese government owns 34.71% of the Industrial and Commercial Bank of China (SHA:601398) through its Central Huijin Investments investment arm. According to the World Economic Forum, the bank has around 5 million corporate and 443 million individual customers and a robust distribution network consisting of 17,000 domestic and 399 international branches.