Recently, the 2023 “China’s Top 200 Manufacturing Comprehensive Strength” and “China’s Top 100 Equipment Manufacturing Industry” list was released, which is a comprehensive, scientific and independent enterprise strength development investigation and publicity work of China’s manufacturing enterprises Association. Through data collection and research on more than 8,000 manufacturing enterprises in mainland China with a total profit of between 50 million yuan and 50 billion yuan, the candidates are identified based on financial analysis, industry analysis and market share analysis, and 100 business executives, scholars and officials are invited to select the enterprises that meet the requirements after qualification review. According to the common international practice, the candidate enterprises are comprehensively scored according to the operating income, total assets, total profits, owners’ equity, R&D investment, number of employees and other indicators, and some candidate enterprises are visited on the spot. Selected from the 200 “China’s Top 200 Manufacturing Comprehensive strength” enterprises and 100 “China’s Top 100 equipment Manufacturing Industry” enterprises. On this basis, through comprehensive comparative analysis with the world’s top 500 enterprises, and then put forward targeted countermeasures and suggestions to promote enterprises to become stronger, better and bigger, and formed a huge social influence across the country.

In 2023, the top 200 enterprises listed in China’s comprehensive manufacturing strength are headquartered in 26 provinces, autonomous regions and municipalities directly under the central government. Shandong, Zhejiang, Guangdong and Jiangsu firmly occupy the top four in number, of which Shandong Province has the largest number of shortlisted enterprises, a total of 30, Zhejiang Province ranked second with 29, followed by Guangdong Province and Jiangsu Province, the number of enterprises are 22 and 20, respectively. From the perspective of regional distribution, the long-term advantages of the eastern region make it still the main “output” of the top 200 enterprises, and correspondingly, in terms of operating income and net profit contribution, the eastern region is also the main force.

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In 2023, among the top 200 comprehensive strength of China’s manufacturing industry, the proportion of private enterprises continues to increase, in terms of operating income, net profit and the proportion of assets, the strength of private enterprises continues to increase, the profit situation is stable, and the operating income profit rate and asset profit rate of state-owned enterprises maintain a steady rise. From the perspective of operating income and profit margin of the industry, the heavy chemical industry is still the industry with the highest contribution rate.

On the whole, in 2022, despite facing multiple crises such as changes in the international environment and intensifying market games, China’s manufacturing enterprises, under the guidance of the national high-quality development strategy, supported by efficient overall policies under economic and social development, and the efforts of various enterprises to ensure production and stable operation, the development of China’s manufacturing industry will rise against the trend. In the great changes, it has shown a continuous good trend, and the comprehensive development situation is better than expected.

Facing the future, Chinese manufacturing enterprises should rely on the advantages of the integrity of China’s industrial system, further base themselves on the new development stage, implement the new development concept, adhere to the innovation-driven development strategy, adhere to the focus on independent scientific and technological innovation, and take innovation as the engine to lead enterprises to replace the old and new momentum, promote the transformation of enterprises from “manufacturing” to “intelligent manufacturing”, and further enhance the modernization level of industrial chain and supply chain. Adhere to quality first, brand first, achieve high-quality growth in quality, efficiency and efficiency, and become a world-class enterprise, which can better provide a solid guarantee for the construction of a manufacturing power.