EconomyJD.com, Alibaba and Hengli top China’s 2026 private enterprise ranking
JD.com, Alibaba (China) Co., Ltd. and Hengli Group Co., Ltd. ranked as China’s top three private enterprises in a list released by the All-China Federation of Industry and Commerce in Tianjin. The 500 companies reported combined 2025 revenue of 44.93 trillion yuan, up 4.35% year on year, with 110 exceeding 100 billion yuan in annual revenue.
JD.com, Alibaba and Hengli top China’s 2026 private enterprise ranking
