Huawei heads list of China's top 500 private firms

Representatives receive certificates at the China Top 500 Private Enterprises Summit 2019 in Xining, capital of northwest China's Qinghai Province, Aug. 22, 2019. China on Thursday unveiled its latest rankings for its 500 largest private enterprises, with tech giant Huawei atop the list amid sound development of the country's private business. Huawei topped the list with a revenue of 721.2 billion yuan (about 102 billion U.S. dollars) in 2018. Top companies also include HNA Group, Suning, Amer International, Evergrande, JD.com, Country Garden, Hengli Group, Legend Holdings and Gome Holdings. (Xinhua/Zhang Long)