Core Insights - The threshold for entering the 2025 China Manufacturing Enterprises Top 500 list has increased to 17.365 billion yuan, up by 303 million yuan from the previous year [1] - The total revenue of the top 500 manufacturing enterprises reached 5.168 trillion yuan [1] - The top three companies on the list are China Petroleum & Chemical Corporation, China Baowu Steel Group, and Hengli Group [1] Innovation and R&D - The R&D intensity of the top 500 manufacturing enterprises is 2.45%, an increase of 0.03 percentage points from the previous year [1] - The number of effective patents held by these enterprises is 1.6632 million, with 803,800 being invention patents, representing increases of 11.34% and 12.07% respectively compared to the previous year [1] Industry Structure and Performance - Industries such as communication equipment manufacturing and computer & office equipment have seen average revenue growth exceeding 10% [1] - The semiconductor integrated circuit and panel manufacturing industries have experienced average profit growth of over 100% [1] Export Performance - The proportion of overseas revenue for the top 500 manufacturing enterprises has risen to 19.10%, an increase of 0.87 percentage points from the previous year [1]

Group 1 - The threshold for entering the "2025 China Manufacturing Enterprises Top 500" list has increased by 303 million yuan compared to the previous year, reaching 17.365 billion yuan [1] - The total revenue of the top 500 manufacturing enterprises has grown from 40.24 trillion yuan at the end of the 13th Five-Year Plan to 51.68 trillion yuan [1] - The total assets of these enterprises have increased from 44.33 trillion yuan to 53.31 trillion yuan [1] Group 2 - The average revenue growth rate for industries such as material handling equipment manufacturing, motorcycle and parts manufacturing, and communication equipment manufacturing ranks among the top five [1] - The number of companies in the communication equipment manufacturing sector has increased from 15 to 20, while the semiconductor and integrated circuit sectors have seen an increase from 6 to 9 [1] - Traditional industries are also showing signs of transformation, with companies like China Railway Rolling Stock Corporation rising in rank [1] Group 3 - The R&D intensity of the top 500 manufacturing enterprises is 2.45%, reflecting a 0.03 percentage point increase compared to the previous year [1] - The number of valid patents has reached 1.6632 million, with invention patents totaling 803,800, marking increases of 11.34% and 12.07% respectively [1] - Industries such as engineering machinery and boiler manufacturing have seen average R&D investment growth rates exceeding 100% [1] Group 4 - The proportion of overseas revenue has increased from 17.39% to 19.10%, while overseas assets and employees have also seen similar increases [1] - Companies like Chery Holding Group have improved their rankings significantly, reflecting the growth of Chinese manufacturing in the global market [1] - The future direction for Chinese manufacturing is towards digital transformation and integration into the global value chain [1]

Group 1 - The threshold for entering the "2025 Top 500 Chinese Manufacturing Enterprises" list has reached 17.365 billion yuan, an increase of 303 million yuan compared to the previous year [2] - Since the beginning of the 14th Five-Year Plan, the threshold for the "Top 500 Chinese Manufacturing Enterprises" has increased by 6.274 billion yuan compared to the end of the 13th Five-Year Plan [2] Group 2 - The R&D intensity of the "2025 Top 500 Chinese Manufacturing Enterprises" is 2.45%, which is an increase of 0.03 percentage points compared to the previous year [3] - The number of effective patents held by these enterprises is 1.6632 million, with invention patents accounting for 803,800, representing increases of 11.34% and 12.07% respectively compared to the previous year [3] Group 3 - The list features more companies from strategic emerging industries, with the number of entrants from the communication equipment manufacturing sector increasing from 15 to 20 [4] - The semiconductor, integrated circuit, and panel manufacturing sectors saw their number of entrants rise from 6 to 9 [4]

Group 1 - The 2025 World Manufacturing Conference opened in Hefei, and the list of China's top 500 manufacturing enterprises was released, highlighting the role of innovation and structural optimization in supporting the development of the real economy and modern industrial system [1] - The threshold for entering the top 500 list increased by 303 million yuan compared to the previous year, with total revenue reaching 51.68 trillion yuan, indicating signs of economic recovery [1] - The overseas revenue share of the top 500 enterprises rose to 19.10%, showcasing the global competitiveness of Chinese manufacturing [1] Group 2 - Innovation-driven growth has become a prominent feature among large Chinese manufacturing enterprises, with R&D investment intensity increasing to 2.45% and over 1.66 million effective patents held, nearly half of which are invention patents [3] - Industries such as communication equipment manufacturing and computer and office equipment saw average revenue growth exceeding 10%, while the semiconductor integrated circuit and panel manufacturing sectors experienced average profit growth of over 100% [3] - The number of advanced manufacturing enterprises on the list is increasing, reflecting a positive interaction between the acceleration of new economic drivers and the upgrading of traditional drivers [7] Group 3 - Since the 14th Five-Year Plan, the structure of China's manufacturing industry has been continuously optimized, with traditional industries accelerating transformation and upgrading while strategic emerging industries grow steadily [8] - New quality productivity, driven by technological innovation, is injecting strong momentum into the high-quality development of Chinese manufacturing [8]

Group 1 - The 2025 World Manufacturing Conference opened in Hefei, and the list of China's top 500 manufacturing enterprises was officially released, highlighting the role of innovation and structural optimization in supporting the development of the real economy and modern industrial system [1] - The threshold for entering the top 500 manufacturing enterprises increased by 303 million yuan compared to the previous year, with total operating revenue reaching 51.68 trillion yuan, indicating signs of economic recovery [1] - The resilience of exports has steadily improved, with overseas revenue accounting for 19.10% of the top 500 enterprises, showcasing the global competitiveness of Chinese manufacturing [1] Group 2 - Innovation-driven development has become a prominent feature among large Chinese manufacturing enterprises, with R&D investment intensity rising to 2.45% and over 1.66 million effective patents, nearly half of which are invention patents [1] - Industries such as communication equipment manufacturing and computer and office equipment saw average revenue growth exceeding 10%, while the semiconductor integrated circuit and panel manufacturing industries experienced average profit growth of over 100% [1] - Since the 14th Five-Year Plan, the structure of China's manufacturing industry has continued to optimize, with traditional industries accelerating transformation and strategic emerging industries steadily growing [2] - Technological innovation is leading industrial innovation and plays a key role in optimizing and upgrading industrial structures, enhancing the quality of economic development [2]

Group 1 - The 2025 World Manufacturing Conference opened in Hefei, showcasing the top 500 Chinese manufacturing enterprises, highlighting their role in stabilizing the real economy and promoting the construction of a modern industrial system [1] - Innovation has become a prominent feature among large Chinese manufacturing enterprises, with R&D investment intensity rising to 2.45% and over 1.66 million effective patents, nearly half of which are invention patents [3] - The threshold for entering the top 500 this year increased by 303 million yuan, with total operating revenue reaching 51.68 trillion yuan, indicating signs of economic recovery [4] Group 2 - The resilience of exports among these enterprises has improved, with overseas revenue accounting for 19.10% of total revenue, demonstrating the global competitiveness of Chinese manufacturing [4] - Since the "14th Five-Year Plan," the structure of China's manufacturing industry has been continuously optimized, with traditional industries accelerating their transformation and strategic emerging industries steadily growing [6] - Technological innovation is leading industrial innovation, playing a crucial role in optimizing and upgrading industrial structures and enhancing the quality of economic development [6]

9月20日，在合肥举行的2025世界制造业大会开幕式上，中国企业联合会、中国企业家协会发布"2025中 国制造业企业500强"榜单，华为、比亚迪、美的、广汽等47家粤企上榜。尤为亮眼的是，在研发强度排 名前十的企业中，粤企占据半壁江山，展现出广东制造业在科技创新领域的强劲动能和领先地位。 | 排名 | 公司名称 | 营业收入(亿元) | | --- | --- | --- | | ব | 华为投资控股有限公司 | 8,620.72 | | 6 | 比亚迪股份有限公司 | 7,771.02 | | 20 | 美的集团股份有限公司 | 4,090.84 | | 22 | 广州汽车工业集团有限公司 | 4,033.54 | | 35 | 广州工业投资控股集团有限公司 | 2,758.96 | | 38 | 立讯精密工业股份有限公司 | 2,687.95 | | 40 | 中国电子信息产业集团有限公司 | 2,664.38 | | 45 | 广州医药集团有限公司 | 2,530.11 | | 66 | 珠海格力电器股份有限公司 | 1,891.64 | | 71 | 中国国际海运集装箱(集团)股份有限公司 | 1,7 ...

9月20日，在合肥举行的2025世界制造业大会开幕式上，中国企业联合会、中国企业家协会发 布"2025中国制造业企业500强"榜单， 华为、比亚迪、美的、广汽等47家粤企上榜。 尤为亮 眼的是，在研发强度排名前十的企业中，粤企占据半壁江山，展现出广东制造业在科技创新领 域的强劲动能和领先地位。 | 排名 | 公司名称 | 营业收入(亿元) | | --- | --- | --- | | ব | 华为投资控股有限公司 | 8,620.72 | | 6 | 比亚迪股份有限公司 | 7,771.02 | | 20 | 美的集团股份有限公司 | 4,090.84 | | 22 | 广州汽车工业集团有限公司 | 4,033.54 | | રૂક | 广州工业投资控股集团有限公司 | 2,758.96 | | 38 | 立讯精密工业股份有限公司 | 2,687.95 | | 40 | 中国电子信息产业集团有限公司 | 2,664.38 | | 45 | 广州医药集团有限公司 | 2,530.11 | | 66 | 珠海格力电器股份有限公司 | 1,891.64 | | 71 | 中国国际海运集装箱(集团)股份有限公司 | ...

Group 1 - The "2025 China Manufacturing Enterprises Top 500" list was released, marking the 21st consecutive year of publication, outlining the roadmap for the upgrade of Chinese manufacturing [1][3] - The entry threshold for the top 500 increased from 11.09 billion RMB at the end of the 13th Five-Year Plan to 17.365 billion RMB, with total revenue rising from 4.024 trillion RMB to 5.168 trillion RMB [1] - The list indicates a significant growth in strategic emerging industries, with the number of companies in the communication equipment manufacturing sector increasing from 15 to 20, and in the semiconductor and integrated circuit sectors from 6 to 9 [1] Group 2 - Advanced manufacturing companies have seen rapid ranking improvements, such as BOE Technology Group rising 11 places to 61st, and Shanghai Weir Semiconductor increasing 44 places [2] - China Railway Rolling Stock Corporation moved up 5 places to 43rd, emphasizing the trends of digitalization, greening, and high-end manufacturing [2] - Traditional manufacturing sectors have accelerated their upgrade, with average R&D investment growth rates exceeding 100% in various industries since the 14th Five-Year Plan [2] Group 3 - The R&D intensity of the top 500 manufacturing enterprises is 2.45%, an increase of 0.03 percentage points from the previous year, with effective patents totaling 1.6632 million and invention patents at 803,800, reflecting increases of 11.34% and 12.07% respectively [2] - The digital transformation of Chinese manufacturing is advancing from a medium level to a mid-high level, with the integration of information technology and industrialization expected to reach 65% by 2025 [4] - The penetration rates of digital R&D design tools and numerical control in key processes are projected to reach 84% and 66.8% respectively [4]

Group 1 - The threshold for entering the "2025 China Manufacturing Enterprises Top 500" has increased to 17.365 billion yuan, up by 303 million yuan from the previous year, indicating a steady growth in the manufacturing sector [2][3] - The total revenue of the top 500 manufacturing enterprises has grown from 40.24 trillion yuan to 51.68 trillion yuan, while total assets increased from 44.33 trillion yuan to 53.31 trillion yuan [2][3] - Advanced manufacturing companies have seen significant improvements in their rankings, with BOE Technology Group rising 11 places to 61st and Shanghai Weir Semiconductor increasing 44 places to 404th [2] Group 2 - The R&D intensity of the top 500 manufacturing enterprises is 2.45%, which is an increase of 0.03 percentage points compared to the previous year, reflecting a focus on innovation [3][4] - The number of effective patents has reached 1.6632 million, and invention patents have increased to 803,800, marking increases of 11.34% and 12.07% respectively [3] - Industries such as construction machinery, boiler and power equipment, and chemical manufacturing have seen average R&D investment growth rates exceeding 100% [4] Group 3 - The proportion of overseas revenue has risen from 17.39% to 19.10%, with overseas assets and employees also increasing, indicating a trend towards globalization among top manufacturing firms [5][6] - Companies like Chery Holding Group have improved their rankings significantly, moving up 21 places to 18th, showcasing the success of their international strategies [5] - The emphasis on localization and digital transformation is seen as crucial for high-quality international expansion, with a goal for digital manufacturing to be widely adopted by 2030 [6]