2014 IW 1000: Behind the Great Wall of Chinese Manufacturing [SLIDESHOW]

Sept. 8, 2014
For the first time, a Chinese company is the world's largest, according to the 2014 IndustryWeek 1000, the annual ranking of the world's largest manufacturers by revenue.   The Chinese oil behemoth China Petroleum & Chemical Corp. (IW 1000/1) -- Sinopec -- has more than doubled its revenue stream in the past five years, catapulting it into the No. 1 spot this year, leapfrogging from the No.

For the first time, a Chinese company is the world's largest, according to the 2014 IndustryWeek 1000, the annual ranking of the world's largest manufacturers by revenue.  

The Chinese oil behemoth China Petroleum & Chemical Corp. (IW 1000/1) -- Sinopec -- has more than doubled its revenue stream in the past five years, catapulting it into the No. 1 spot this year, leapfrogging from the No. 3 position it has held for the past two years.  

Chinese manufacturers as a whole, aided by the nine China-based newcomers on the list, ranked only below manufacturing powerhouses the United States and Japan. And those Chinese companies averaged a 7% annual increase in earnings.

Sponsored Recommendations

2023 IW Web Survey Contest Rules

June 30, 2022
Online Contest Rules 1. Introduction: IndustryWeek ("Sponsor") is offering the Online Contest ("Contest"). NO PURCHASE NECESSARY. A PURCHASE DOES NOT IMPROVE YOUR CHANCE OF WINNING...

Accelerate mechanical design with automotive simulation software

March 10, 2023
In this free 30-day trial, learn how to accelerate mechanical design with automotive simulation software from Siemens.

A Quick Solumina MES Product Demo

Sept. 15, 2023
View this quick demo of iBase-t’s Solumina MES solution designed specifically for complex discrete manufacturers to help improve operational agility, standardize production processes...

Are you still fighting digital transformation?

April 19, 2023
Resistance to corporate digital transformation is still a reality even though the concept of simulation and digital technology has existed for decades, just not as a primary means...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!