In the morning of August 24, “2017 Top 500 Chinese Private Enterprises” issued by All-China Federation of Industry and Commerce was published. Liby Group ranked 299th among private enterprises and 173rd among manufacturing enterprises.
Top 500 Chinese Private Enterprises issued by All-China Federation of Industry and Commerce has been hailed as the barometer of Chinese private economy. It is the most authoritative and the most comprehensive list of Chinese private economy based on a research made by All-China Federation of Industry and Commerce on private enterprises. This year, the threshold finalist of Top 500 Chinese Private Enterprises was valued 12.052 billion Yuan, 1.877 billion Yuan higher than that in 2018. It indicated infinite vigor of Chinese private economy in a complicated economic situation and under economic downward pressure.
As Top 500 Chinese Private Enterprises was issued in Jinan, Wang Qinmin, Vice-chairman of the CPPCC and Chairman of All-China Federation of Industry and Commerce stressed that as long as private enterprises proceed with confidence, steadily promote transformation and structural optimization and upgrading through innovation, constantly improve development quality and expand development space, they must make new achievements and attain new development.