On September 10, the 2020 China Top 500 Private Enterprises Summit hosted by the All-China Federation of Industry and Commerce was held in Beijing. The “China Top 500 Private Enterprises 2020” list was released at the meeting. Among them, 38 textile companies are on the list. Along with it are the “China Top 500 Manufacturing Private Enterprises 2020” and “China Top 100 Service Industry Private Enterprises 2020” lists. Among them, 54 textile-related enterprises are listed in the “China Top 500 Manufacturing Private Enterprises 2020”.
It is understood that the list of the 2020 China Top 500 Private Enterprises is based on the investigation of large-scale private enterprises by the All-China Federation of Industry and Commerce, and the total business income of the previous year is a reference indicator.
The analysis report of the All-China Federation of Industry and Commerce shows that in 2019, the entry threshold, total assets, and total net profit of private enterprises in the top 500 private enterprises have been improved to varying degrees. The development of private enterprises has a good momentum and quality and efficiency have been steadily improved.