The All-China Federation of Industry and Commerce announced the list of China's top 500 private enterprises for 2024 in Lanzhou, Gansu Province on October 12. JD Group, Alibaba and Hengli Group ranked among the top three.

Mingyang Group, headquartered in Zhongshan, made the list, ranking 184th.

Among the top 500, manufacturing enterprises accounted for 66.40%. Over 60% of the top 500 enterprises have been implementing digital transformation by utilizing digital products and services, cooperating with professional digital service providers and advancing intelligent manufacturing.