One hundred and twenty Chinese companies have made it onto the 2018 Fortune Global 500 list, including a number of the country's big tech companies. The three countries with the most companies on the list are the US (126), China (120), and Japan (52). Companies are ranked by total revenues for their respective fiscal years. Chinese state-backed companies still show strong fiscal power, and private companies and tech giants are moving up the list fast.
Comment
The rapid rise of China's enterprises' ranking benefits from the continual optimization of innovation environment and improvement of innovation ability. As the constantly rise of IP protection, more and more Chinese enterprises will step into the top 500.
（Editor Gao Sihan）
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