The 2013 edition of the Top 500 Chinese Enterprises list was unveiled at a press conference in Kunming, capital of southwest China's Yunnan Province on August 31, with China's oil giant Sinopec Group topping the list.
The list was compiled by the China Enterprise Confederation and the China Enterprise Directors Association based on the 2012 revenues of Chinese companies.
Sinopec Group took the lead for a ninth year with a total revenue of 2.83 trillion yuan ($458.6 billion) in 2012.
China National Petroleum Corp., the parent company of China's top oil and gas producer, PetroChina, followed closely in second place with revenues reaching 2.68 trillion yuan ($440 billion) in 2012.
The two were joined by eight other state-owned companies to dominate the top 10: State Grid, Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China, Bank of China, China Mobile, China State Construction and China National Offshore Oil Corporation.
A total of 123 companies, including 16 privately owned enterprises, reported revenues of more than 100 billion yuan ($16.34 billion) last year, up from 107 companies a year earlier.