According to a 2022 company ranking, Hon Hai Precision, better known as Foxconn, was considered the largest foreign company operating in China based on sales and the number of employees there. Hon Hai Precision had sales of around 100 billion U.S. dollars in China and around 750,000 employees on its payroll. Volkswagen and Apple came in second and third in the ranking, respectively.
Largest foreign enterprises operating in China in 2022, based on domestic sales and employees
(in index points)
Index points are calculated based on total sales and number of employees in mainland China. The index ranges from 0 to 100, with 100 being the highest value. Suppliers without main business operations in China were not considered.
Companies from Hong Kong, Macao, and Taiwan were included in the ranking.
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Hurun Research Institute. (December 21, 2022). Largest foreign enterprises operating in China in 2022, based on domestic sales and employees (in index points) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1420082/largest-foreign-companies-in-china/
Hurun Research Institute. "Largest foreign enterprises operating in China in 2022, based on domestic sales and employees (in index points)." Chart. December 21, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1420082/largest-foreign-companies-in-china/
Hurun Research Institute. (2022). Largest foreign enterprises operating in China in 2022, based on domestic sales and employees (in index points). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1420082/largest-foreign-companies-in-china/
Hurun Research Institute. "Largest Foreign Enterprises Operating in China in 2022, Based on Domestic Sales and Employees (in Index Points)." Statista, Statista Inc., 21 Dec 2022, https://www.statista.com/statistics/1420082/largest-foreign-companies-in-china/
Hurun Research Institute, Largest foreign enterprises operating in China in 2022, based on domestic sales and employees (in index points) Statista, https://www.statista.com/statistics/1420082/largest-foreign-companies-in-china/ (last visited November 21, 2024)
Largest foreign enterprises operating in China in 2022, based on domestic sales and employees (in index points) [Graph], Hurun Research Institute, December 21, 2022. [Online]. Available: https://www.statista.com/statistics/1420082/largest-foreign-companies-in-china/