OREANDA-NEWS. September 14, 2012. 2012 China Top 500 enterprise announcement--China corporation summit ended in Changchun on september 3rd. The summit released the China Top 500, 2012 China Manufacture Enterprise Top 500, 2012 China Service Industry Top 500, 2012 Enterprise Revenue Top 200 . Ranked in the twenty-first of the Top 500, Baosteel was also ranked No. Six in Manufacture of the Top 500, reported the press-centre of Baosteel. 

Sponsored by China Association of Enterprises and China Entrepreneur Association, China Enterprise Top 500 has been held for 11 years. With the theme of stronger and better: sustainable development for enterprise under world economy upheavals, the summit further discussed the better and stronger theme on the influence of the international economy crisis for the economy growth and enterprise development in China with the symbolic of euro crisis as well as the sustainable and innovation development for enterprise.

The bottom threshold reached 175.1 billion yuan for 2012 China Enterprise Top 500, which is more than33.1 billion yuan than that of last year. Among them, 107 enterprises reached more than 1000 billion yuan operating revenue, which is more than 27 enterprises than that of last year. Compared with last year, in addition to Sinopec, CNPC, State Grid, ICBC still in the same place, the Top 10 of the rank has great changes, however, only 38 of the enterprises change the rank, which was the lowest number for the release of the list and showed the relative stability for the enterprises in China.

In this year, the bottom threshold increased 15.48% for China Manufacture Top 500, but the gross profit decreased 13.66%, and 14 deficient enterprises, which is more than 8 than that of last year, showing the increase for the total scale for 2012 China manufacture and the decrease for the total economic benefit.

It is said that other steel manufacture or service enterprises in Top100 of China Enterprise in Top500 included: China Minmetals Group Company, Baosteel co, LTD, Hebei Iron and Steel co.LTD, SGGF, Wuhan Iron and Steel (group) Company, Jiangsu Shagang co co., LTD, China Railway Materials co., LTD, Tianjin Products Group co., LTD, Zhejiang Materials Industry Group, Angang Group Company, Xinxing Cathay International Group, Taiyuan Iron and Steel co, LTD, Shandong Iron and Steel co, LTD.