This post is by Bruno Venditti from Visual Capitalist


This graphic compares the 15 largest Chinese and American companies based on their 2022 revenue, using data from the Fortune China 500 and Fortune Global 500.

Comparing the Largest American and Chinese Companies

With a GDP of around $18 trillion, China boasts the world’s second-largest economy, trailing only the United States. The combination of low labor costs and advanced technology has positioned China as the global manufacturing hub. In this graphic, we compare the 15 largest Chinese and American companies based on their 2022 revenue, using data from the Fortune China 500 and Fortune Global 500.

Chinese State-Owned Giants

Not as well-known in Western countries as brands like Walmart, Amazon, or Apple, China’s largest companies rank among the world’s top in terms of revenue. China’s biggest company, the utility giant State Grid, is the third-largest company by revenue globally, trailing only Walmart and Saudi Aramco.
CompanyIndustry2022 Revenue (USD billion)
🇺🇸 WalmartRetailer$611B
🇨🇳 State GridUtility$530B
🇺🇸 AmazonRetailer$514B
🇨🇳 China National PetroleumOil and Gas$483B
🇨🇳 Sinopec GroupOil and Gas$471B
🇺🇸 Exxon MobilOil and Gas$413B
🇺🇸 AppleElectronics$394B
🇺🇸 Berkshire HathawayInsurance/ Property and Casualty (Stock)$383B
🇺🇸 UnitedHealth GroupInsurance/ Health Care$324B
🇺🇸 CVS HealthHealth Care/ Pharmacy$322B
🇨🇳 China State Construction EngineeringConstruction$306B
🇺🇸 AlphabetInternet Services/ Retail$283B
🇺🇸 McKessonHealth Care / Pharmacy$264B
🇺🇸 ChevronPetroil Refining$246B
🇺🇸 CencoraHealth Care$238B
🇺🇸 Costco WholesaleGeneral Merchandisers$227B
🇺🇸 MicrosoftComputer Software$227B
🇨🇳 Industrial & Commercial Bank of ChinaBanking/Financial$215B
🇨🇳 China Construction BankBanking/Financial$203B
🇨🇳 Agricultural Bank of ChinaBanking/Financial$187B
🇨🇳 Ping An InsuranceBanking / Insurance$182B
🇺🇸 Cardinal HealthHealth Care$181B
🇺🇸 CignaHealth Care / Insurance$180B
🇨🇳 Sinochem (Read more…)