The China Private Enterprise Confederation, the National Statistical Society of China and the Enterprise Research Center of the Chinese Academy of Management Science have issued their list of China's top 500 private sector enterprises for 2012.
Jiangsu Province-based Chinese steelmaker Shagang Group ranked first on the 2012 China top 500 private enterprises list. Shagang Group had registered a total operating revenue of RMB 207.528 billion ($33.3 billion) in 2011.