China, the world's second largest economy, saw 100 companies entering the latest Fortune Global 500 list, 91 of which come from the mainland, marking the 11th year straight that the number of Chinese Global 500 companies has increased.

Despite an increased presence on the list, China should reflect on its unsustainable growth model and the lack of international competitiveness of its companies, and foster 100 conglomerates capable of deploying resources globally, rather than expanding their corporate revenue.