Discussion keeps the world turning.
A new benchmark for corporate success in China has just been set.
The latest ranking of the nation's top private companies is out,
and the bar for entry is now a staggering $27 billion yuan in revenue.
That's about $3.8 billion.
This isn't just a list, it's a story of resilience.
Ambition on a massive, massive scale.
We're going to check it out today and find out what it takes to get on it.
We are live from Beijing.
This is Round Table.
I'm Steve.
Thank you so much for sharing.
your time with us today and on the show, Niu Honglin and Youshun.
First on the program.
China has unveiled its highly anticipated 2025 list of the top 500 private enterprises,
a key barometer of the private sector's health.
Notably, the minimum revenue threshold for entry has climbed to Gulp. 27 billion yuan,
that's about 3.8 billion dollars, and that's for 2024.
And it underscores the significant growth and increasing scale of these market leaders.
This development, if you look at it in a deeper analysis,