Hang Zhou Ri Bao·2025-08-29 02:59Group 1 - The 2025 list of China's top 500 private enterprises shows Hangzhou's strong performance with 38 companies listed, an increase of 2 from the previous year, maintaining the highest number of listed companies among all cities for 23 consecutive years [1] - Hangzhou's companies account for 7.60% of the national total and 35.51% of Zhejiang province's 107 companies [1] - In the manufacturing sector, 29 Hangzhou companies made it to the top 500, while 13 companies were listed in the service sector, both leading among cities nationwide [1] Group 2 - The revenue threshold for entering the top 500 private enterprises was set at 27.578 billion yuan, with three Hangzhou companies in the top ten: Alibaba (98.1767 billion yuan), Zhejiang Rongsheng Holding Group (65.8602 billion yuan), and Zhejiang Geely Holding Group (57.4826 billion yuan) [2] - Other notable companies from Hangzhou include Zhejiang Hengyi Group (45.18 billion yuan), Wanxiang Group (21.3825 billion yuan), Ant Group (17.7788 billion yuan), and others, showcasing a diverse range of industries [2] - New entrants to the list include Hangzhou Qingyun Holding Group and Wanxiang San Nong Group, indicating a growth in both quantity and quality of private enterprises in Hangzhou [2] Group 3 - Geely's new energy vehicle manufacturing base in Hangzhou produces a vehicle every 90 seconds, highlighting the city's role in the advanced manufacturing cluster [3] - The success of Hangzhou's private enterprises reflects the city's resilient economy and the effectiveness of policies aimed at optimizing the business environment [3] - The city plans to implement the "365 Action Plan" to further support the growth of private enterprises, focusing on enhancing the overall strength and service capabilities of the private economy [3][4] Group 4 - Hangzhou aims for the private economy's added value to exceed 1.4 trillion yuan, emphasizing the city's commitment to strengthening its private sector [4]