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.

Ginger Christ

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.

About the Author

Ginger Christ | Ginger Christ, Associate Editor

Focus: Workplace safety, health & sustainability.

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Ginger Christ is an associate editor for EHS Today, a Penton publication.

She has covered business news for the past seven years, working at daily and weekly newspapers and magazines in Ohio, including the Dayton Business Journal and Crain's Cleveland Business.

Most recently, she covered transportation and leadership for IndustryWeek, a sister publication to EHS Today.

She holds a bachelor of arts in English and in Film Studies from the University of Pittsburgh.