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As we all know, the strength of strong companies lies in their core competitiveness, profitability, and operational efficiency. The big companies are in assets, scale, turnover, sales revenue, and market share. The two are completely different concepts. This is like people. Big heads do not mean healthy and powerful. Under China's current development environment, it is relatively easy to expand a company. For example, it is natural to pull a number of companies together through economic or even administrative means. Moreover, even among the top 500 companies there are no such examples. But to strengthen a company is not a day's work. Do not know if there are any statistics, how many of the top 500 companies on the list this year are loss-making enterprises? How many corporate profits have shrunk dramatically from the past? Although this year’s evaluation took into account the efficiency indicators, there was no data released. Therefore, we have reason to believe that a significant portion of these top 500 companies can only be considered large corporations. The author thinks that if the list of 2005 Top 500 Chinese Enterprises, Top 500 Chinese Manufacturing Enterprises, and Top 500 Chinese Service Enterprises were renamed 2005 Top 500 Chinese Enterprises, Top 500 Chinese Manufacturing Companies, and Top 500 Chinese Service Enterprises, it is Not better and more appropriate? Is it possible to avoid more people, more places, more companies drawing large companies and strong companies?
Corporate Perspective: "Five hundred" or "Five Hundred"
The 2005 Top 500 Chinese Enterprises was officially announced. From the published data, the companies on the list are indeed very large. However, how many of these top 500 companies are "strong enterprises"? In the analysis report released at the same time, we can see that China’s top 500 operating revenues are only equivalent to 8.4% of the world’s 500 top 500 operating revenues. China Petrochemical Corporation, which is the first of China’s top 500 companies, has a similar operating income. In 2005, 26.6% of Wal-Mart, which was ranked first in the top 500 US companies, was far inferior in size. In terms of independent intellectual property rights and core technologies that can measure whether the company is strong or not, the gap between Chinese companies is even greater. One of these data was rated as only 106 out of the top 500 companies in China this year. The proportion of R&D expenditure exceeds 2% of sales revenue, which is evident in its R&D capability and level.