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Global 500

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23

China State Construction Engineering

China

Owned by the People’s Republic of China, China State Construction Engineering is one of the largest construction companies in the world. This year, the company began work building the largest building in Africa. It’s also working with Egyptian leaders on its effort to build Egypt’s new capital, a move intended to relieve congestion in Cairo. In addition to continuing its work on numerous large-scale construction projects, China State Construction Engineering also delivered a plan to cut debt in the next two years, part of China’s larger goal to lower debt in among state-owned companies.

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CEO

Wang Xiangming

Sector

Engineering & Construction

Industry

Engineering & Construction

HQ Location

Beijing

Years on Global 500 List

7

Employees

270,467

Government owned 50% or more.
Key Financials (Last Fiscal Year)
($ Millions)% change
Revenues ($M)$156,0718.0%
Profits ($M)$2,675.27.3%
Assets ($M)$239,681
Total Stockholder Equity ($M)$18,242
Profit Ratios
Profit as % of Revenues1.7%
Profits as % of Assets1.1%
Profits as % of Stockholder Equity14.7%