5 Biggest Chinese State-owned Companies

4. China State Construction Engineering

Annual Revenue 2021: $293.7 billion

China State Construction Engineering is wholly owned by the SASAC, with its subsidiary, the China State Construction Engineering Corporation Limited, listed on the Shanghai Stock Exchange.

It has business interests in over 100 countries and regions, focusing on investment and development in real estate, construction engineering, survey and design, and new ventures. According to the company, one in every 25 Chinese individuals lives in a house built by China State Construction. The company has also constructed Skyscrapers, airports, nuclear power stations, and even satellite launch bases in China.