All-China Federation of Industry and Commerce releases the 2026 top 500 private enterprises list
According to Leiphone, the All-China Federation of Industry and Commerce released the 2026 Top 500 Private Enterprises list on September 22, with JD Group, Alibaba, Hengli Group, Huawei, BYD, and Tencent occupying the top six positions. The report indicates that the total revenue of these 500 enterprises reached 44.93 trillion yuan in 2025, a 4.35% year-on-year increase, while their combined R&D expenditure totaled 1.26 trillion yuan.
Key facts
- 01The entry threshold for the 2026 list was 25.599 billion yuan in revenue.
- 02Huawei and Tencent ranked first and second in R&D investment among the top 500 private enterprises.
- 03110 companies on the list had revenues exceeding 100 billion yuan, and 12 companies exceeded 500 billion yuan.
- 0429 of the top 500 private enterprises were also included in the Fortune Global 500 list.
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