China State Construction Engineering

The corporations on our annual list of the world's 500 largest companies combined to generate $41.7 trillion in revenue over the past year.

Fortune Global 500

The corporations on our annual list posted aggregate revenues of $41 trillion for the second year in a row.

The corporations on our annual list of the world’s largest companies delivered a record $41 trillion in aggregate revenues.

G500-2023-China State Construction Engineering

In its 40th year of operation, the world’s largest construction company saw its 2022 revenue increase only 4% and its profits dip almost 5% compared to 2021, as China's severe COVID-19 restrictions hampered its business. 
<ul> 
 	<li>China State Construction Engineering fell four ranks on the Global 500, its first drop since the firm made the list in 2012.</li> 
 	<li>The company's real estate development and investment division saw a particularly sharp decline in revenue, reporting a 15% decrease.</li> 
 	<li>With skyscrapers constructed in Egypt and Malaysia in 2022, the state-owned company furthered China’s “Belt and Road” initiative, a strategic push by the Chinese government to extend the country’s international influence by funding infrastructure projects abroad.</li> 
</ul>

Aggregate sales hit $37.8 trillion last year—an increase of 19%, the highest annual growth rate in the list’s history.

G500 2022-09-China State Construction Engineering

China State Construction and Engineering is the world’s largest construction firm, with 2021 revenues of $293.7 billion, a record 17.1% increase from the previous year. It has recently completed high-profile construction projects, including the building of 28 Winter Olympics venues and 100 “emergency hospitals” to address pandemic-related medical needs. The company has also won contracts for infrastructure projects at home and abroad. It will soon break ground on a 5G network in China's Henan Province, a solar-cell power plant in China's Shaanxi province, and the North East Rail Line in Victoria, Australia.

Total revenue for the world’s biggest companies fell 4.8% to $31.7 trillion this year—the first decline in half a decade.

G500-2021-013-China State Construction

The China State Construction Engineering Corp., the world’s largest construction firm by revenue, is behind such iconic projects as Beijing’s new phoenix-shaped Daxing Airport, Tesla’s Gigafactory in Shanghai, and the Doha Tower in Dubai. In 2020 the state-backed company’s revenue grew 13.7% to $250 billion. It won bids in China to build an exhibition center in Tianjin and new metro lines in Xi’an. The CSCEC also played a key role in China’s COVID-19 response, constructing 119 emergency hospitals in China amid the pandemic. Famously, Beijing commissioned CSCEC to build a two-floor hospital in Wuhan with 1,000 beds and 30 intensive care units in under 10 days in February 2020 as COVID-19 first spread in the city.

This year's Fortune Global 500 generated $33.3 trillion in revenues and $2.1 trillion in profits.

G500-2020-018-China-State-Construction-Engineering

The pandemic hasn’t stopped China State Construction Engineering (CSCE), one of the world’s largest construction companies, from signing contracts. In the first six months of 2020, the state-owned giant reeled in new business worth some $136 billion, up 4.8% from the same period in 2019. As economies worldwide have stalled under lockdowns due to the coronavirus, many governments have turned to infrastructure investment for a boost, and CSCE—as the face of China’s Belt and Road Initiative—is often first in line. But with COVID-19 ebbing in waves, many of CSCE’s outstanding projects could suffer delays in the months and, potentially, years ahead.

This year's Fortune Global 500 generated $27.7 trillion in revenues and $1.5 trillion in profits.

This year's Fortune Global 500 generated $27.6 trillion in revenues and $1.5 trillion in profits.

The world's 500 largest companies generated $31.2 trillion in revenues and $1.7 trillion in profits in 2014. Together, this year's Fortune Global 500 employ 65 million people worldwide and are represented by 36 countries.

Global business is back. After limping through a worldwide financial crisis and economic slowdown, the 500 largest companies ranked by revenues shattered all sorts of performance records in 2013: They racked up combined revenues of $31.1 trillion, up 2.5% from 2012, and profits soared 27% to nearly $2 trillion. China’s 95 companies (up from 89 last year) posted $5.8 trillion in revenues. The U.S. has four fewer companies on the list than last year but remains (for now) the country leader, with 128 corporations on the list—including No. 1 Wal-Mart Stores—reporting $8.6 trillion in revenues. 

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China State Construction Engineering operates as an investment and construction company in China and internationally. Its business segments include housing construction, infrastructure, real estate development and investment, and design. Its vast reach also encompasses real estate development, financing, and investment; architectural design; urban planning; energy engineering; and machinery and equipment leasing. The company was founded in 1982 and is based in Beijing.

China State Construction Engineering

China State Construction Engineering in Fortune Rankings