on the latest annual list of the fortune global 500 released worldwide on the evening of july 19, chemchina ranks 167th, up by 44 places over 2017, the third biggest producer of chemicals. the company has been on the list for eight consecutive years. this year, a total of 120 chinese companies are on the list.
the fortune global 500 list is the most famous and authoritative list to measure the competency of global companies and a major source of reference for global economic community.