China's top ten private enterprises

The top ten private companies in China are: Tencent Holdings, Alibaba, Meituan, Ping An Insurance of China, Ant Group, Pinduoduo, Huawei, JD Group, ByteDance, and Midea Group.

1. Tencent Holdings

Headquarters location: Shenzhen, China; Tencent was founded by Ma Huateng, Zhang Zhidong and others in 1998 and named Shenzhen Tencent Computer Systems Co., Ltd., which mainly provides Internet Service is one of the top ten rankings of Fortune 500 companies in 2021.

2. Alibaba

Headquarters location: Hangzhou, China; Alibaba Group was founded by Jack Ma in 1999. It operates a number of businesses, including e-commerce and online payment. It is also one of the top ten shareholders of Xiaohongshu, bringing convenience to many people around the world.

3. Meituan

Headquarters location: Beijing, China; Meituan is affiliated to Beijing Three Online Technology Co., Ltd. It was founded in 2011 and its services cover catering, takeout, and *** Biking, hotel travel, leisure and entertainment and many other categories are also very helpful in life.

4. Ping An Insurance of China

Headquarters location: Shenzhen, China; Ping An Insurance (Group) Co., Ltd. of China is an enterprise formally founded by Yuan Geng in 1988. Its main business scope is Insurance, banking, investment, etc. It is also one of the top ten well-known insurance companies in China.

5. Ant Group

Headquarters location: Hangzhou, China; Ant Technology Group Co., Ltd. was established in 2014. It mainly provides Internet financial services. It has Alipay, Yu'E Bao, Sub-business segments such as MYBank, Ant Huabei, and Zhima Credit.

6. Pinduoduo

Headquarters location: Shanghai, China; Pinduoduo was developed by Shanghai Xunmeng Information Technology Co., Ltd. It was founded in 2015 and has developed very rapidly, mainly Provide online shopping and other services.

7. Huawei

Headquarters location: Shenzhen, China; Huawei Technologies Co., Ltd. was founded by Ren Zhengfei in 1987 and mainly provides IT, radio, microelectronics, communications, computers and supporting equipment services etc., it is also one of the top ten enterprises in China.

8. Jingdong Group

Headquarters location: Beijing, China; Beijing Jingdong Century Trading Co., Ltd. was founded by Liu Qiangdong in 1998 and has Jingdong Mall, Jingdong Finance, and Paipai.com , Jingdong Intelligence and overseas business units, etc., are also developing very rapidly.

9. ByteDance

Headquarters location: Beijing, China; Beijing ByteDance Technology Co., Ltd. was established in 2012. Its business scope includes technology development, technology promotion, etc., such as Toutiao, Xigua Video, Douyin, Huoshan Video, etc. are all its products.

10. Midea Group

Headquarters location: Guangdong, China; Midea Group Co., Ltd. was founded by He Xiangjian in 1968. It mainly produces and sells various household appliances and has been firmly in the domestic market for many years. No. 1 in the home appliance industry, Midea is one of the top ten sweeping robot brands in 2021.

Private Enterprises

The concept of private enterprises has different views in the economics community. One view is that private enterprises are legal person economic entities in which private individuals invest, operate privately, enjoy investment returns, and bear operating risks. Another view refers to enterprises relative to state-owned enterprises, which can be divided into two types: state-owned and private-owned and private-owned and private-owned according to their different forms of ownership.