A total of 129 Chinese companies made this year’s Fortune Global 500 list, according to the annual ranking released by Fortune on July 22.
FAW Group jumped 38 places to 87th on the 2019 Fortune Global 500 after its last year’s revenues reached US$89,805 million, the first time entering the Global Top 100.
FAW Group is a leading global manufacturer of quality passenger cars, trucks, and buses. Established in 1953, the company is China’s oldest and largest automotive group. Annual sales exceed three million units.