City’s top businesses selected
THE city’s 100 leading businesses for the past year have been chosen by the Shanghai Private Enterprise Association.
The chosen businesses show the top profits, pay the most tax and employ the most people.
Some of the best known city businesses in manufacturing, commerce and the service industry – like the Spring International Travel Service and the JuneYao Group – are in the list.
Commercial and service industry businesses make up two thirds of the top 100 companies which shows the accent of the city on these fields and the needs of the citizens, the association said.
The top 100 private enterprises have an average registered balance of more than 69 million yuan (US$9.3 million) and there are 12 of these companies with a registered balance of more than 200 million yuan