On November 5
, 2024 Fortune's
"Most Admired Chinese Companies" list was released
. Conch Group and China Building Materials Group Beixin Group Building Materials Co., Ltd.
were selected as building materials. The 332 companies that participated in
the list declaration and entered the candidate pool included Fortune 500 and China 500, as well as star companies under the "magnesium lamp". Fortune (Chinese edition) distributed questionnaires to 40,111 managers of Chinese enterprises through the Internet. The questionnaire is based on the industry of the respondents. The respondents are asked to score the candidate companies in the same industry from the perspectives of management ability, talent attraction, product/service ability, social responsibility, investment value, assets and globalization. After weighted calculation with the editorial department, the companies with leading comprehensive scores in the industry will enter the industry star list.
Fortune's list of the most admired Chinese companies is a measure of corporate soft power. "Soft power" includes, but is not limited to, the ability to manage, attract talent, products or services, social responsibility, investment value, assets and globalization. Through this list, we can also find that enterprises with outstanding performance in resilience, sustainable development and social responsibility often have outstanding achievements in business.
