Chinese exports of cars are growing

Chinese exports of cars are growing

In the first half of 2023, advanced growth rates maintained Chinese car exports. From the beginning of the year to the end of June this year, 2.14 million cars were exported from China, an increase of 75.7% in the year-to-year ratio.

Of these, 1.78 million are passenger cars, including 534,000 are electrical cars. The automotive products "unexpectedly" became 1 of China's newest export hits.

Who knew 5 years ago that would happen?

Based on: 163.com/dy/article/I9E95UJI05279C7N.html

Chinese companies in “2023 luck Global 500”

The American magazine “Fortune” republished, according to its custom, a list of the world's largest corporations “2023 luck Global 500” by the editor.

The companies included in the ranking were mainly assessed on the basis of their operating income and profits. This year's list included 142 Chinese companies (including companies registered in Hong Kong and Taiwan) and 136 companies from the United States.

The average profit of Chinese companies listed was USD 3.9 billion (about PLN 15 billion), the average profit of US companies reached USD 8 billion (about PLN 32.37 billion).

The top 10 largest companies in the planet included 3 of your mediate States. And like this:

• third place is the State Gird chin with operating income of $530 billion (about PLN 2.145 trillion),
• on the 5th China National Petorleum Group corp (chin. 中国石油天然气集团有限公司) with $483 billion (approx. PLN 1.96 trillion),
• on the sixth Sinopec Group corp (chin. 中国石油化工集团有限公司) with $471 billion (about PLN 1.9 trillion).

In another category, companies with the biggest profits, the top 10 of the planet included 2 Chinese banks:

• Industrial and Commercial Bank of China (chin. 中国工商银行股份有限公司) and
• China Construction Bank (chin. 中国建设银行股份有限公司).

The list “2023 luck Global 500” includes all major Chinese corporations representing industries specified as finance, transport, petrochemical, telecommunications, advanced technology, home appliances, electrical cars, lithium batteries, and online commerce.

The condition for qualifying for the ranking was income not little than USD 30.9 billion (about PLN 125 billion).

This list included 1 company from Poland: PKN Orlen. This company ranked 216th in the ranking “2023 luck Global 500”.

Based on: finance.sina.com.cn/zt_d/fubusi/; fortunechina.com/

Author: 梁安基 Andrzej Z. Liang, 上海 Shanghai, 中国 China

Email: [email protected]

Editorial: Leszek B.

Email: [email protected]

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