China's telecommunications giant Huawei became the most-admired Chinese company for 2019, according to a report by Fortune magazine's China edition.
SANY -- a global manufacturer of industry-leading construction and mining equipment, port and oil drilling machinery and renewable wind-energy systems -- grabbed second place on the list, followed by Zhuhai Gree Electric Appliances Co Ltd.
Alibaba Group took fourth position on the all-star list of most admired Chinese companies, followed by the insurance industry's leading company Ping An and metal industrial leader China Baowu Steel Group Corp Ltd.
Beijing-headquartered CRRC Corporation Limited claimed 10th place, putting two companies from the manufacturing industry on the list.
The list was based on effective responses on 537 questionnaires out of 37,978 by Chinese enterprise managers. Each interviewee scored candidate companies on nine criteria including management quality, product or service quality, innovation ability, long-term investment value, financial status, ability to attract and maintain talent, social responsibility, reasonable utilization of assets, and effectiveness of global operations.
About 391 candidate companies were under consideration, and these firms were mainly top 500 Chinese companies worldwide and in China.
Let take a look at the top 10 most-admired Chinese companies.
No 10 CRRC Corporation Limited
People visit the CRRC stand at an exhibition in Beijing on June 16, 2015. [Photo/VCG]
No 9 SF Holding
A vehicle parked at an SF Holding distribution center in Huaibei, East China's Anhui province, on July 12, 2018. [Photo/IC]
No 8 Kweichow Moutai Group
Bottles of Kweichow Moutai liquor for sale at a supermarket in Shanghai on April 29, 2018. [Photo/IC]
No 7 Haier
A model operates a programmable refrigerator manufactured by Haier in North Rhine-Westphalia on Jan 14, 2019. [Photo/IC]
No 6 China Baowu Steel Group Corp Ltd
People visit the stand of China Baowu Steel Group during an expo in Shanghai on Sept 18, 2017. [Photo/IC]
No 5 Ping An
A vehicle stops in front of a Ping An building on Aug 16, 2019. [Photo/IC]
No 4 Alibaba Group
Zhang Yong, CEO of Alibaba Group, delivers a speech about the future of Alibaba at the Apsara Conference 2019 in Hangzhou, East China's Zhejiang province, on Sept 25, 2019. [Photo/IC]
No 3 Gree Electric Appliances Co Ltd
A Gree Robot Music Band member playing the piano at the 2019 World Robot Conference at the Beijing Yichung International Exhibition Center on Aug 20, 2019. [Photo/IC]
No 2 SANY
People visit the stand of SANY at the 11th International Trade Fair for Construction Machinery, Building Material Machines, Construction Vehicles and Equipment, also known as Bauma China 2018, in Shanghai on Nov 29, 2018. [Photo/IC]
