Fortune magazine released its 2020 Global 500 list on August 10, and China Railway Group Limited (CREC) was ranked 50th, climbing five spots compared to 2019. The company has been listed among Fortune Global 500 for 15 consecutive years since 2006, and this year it makes into top 50 for the first time.
Fortune Global 500 Among the 133 Chinese companies listed in Fortune’s Global 500 2020, CREC ranks 13th thanks to its continuous high-quality growth. In 2019, CREC set records in major economic indicators such as revenue, newly signed contract value, total assets, and net profit attributed to parent company.
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