Top 10 indigenous companies of China

From consumer products to mining and agriculture, they are major employers and drivers of economic development across many regions of the country.

When discussing major companies and economic powerhouses, attention often gets focused on large multinational corporations based in China like Alibaba, Tencent and Huawei. However, there are also many other influential companies that are owned and operated by ethnic minority indigenous groups within China itself.

Here are the top 10 indigenous companies based in China:

 

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Amer International Group

Headquartered in Xilinhot, Inner Mongolia, Amer is one of the largest companies owned by ethnic Mongolians in China. It has diverse business operations spanning mining, resources, agriculture, manufacturing, logistics and real estate development. Amer has over 40,000 employees and annual revenue exceeding $10 billion.

 

Rongqing Group

Based in Tongren, Guizhou Province, Rongqing Group is owned by the Miao ethnic minority. Its main businesses are in agriculture, food processing, logistics and tourism. It is one of the largest private enterprises founded by ethnic minorities in China with over $3 billion  annual revenue.

 

Zhuang Nong Group

This large agricultural conglomerate is owned by the Zhuang people, one of the largest ethnic minority groups in China. Based in Nanning, Guangxi, Zhuang Nong Group operates plantations, food processing plants, logistics and retail outlets across southern China generating over $3.5 billion in annual sales.

 

Kalachi Group

Kalachi is a major business group owned by the Kazakh ethnic minority that is headquartered in Yining, Xinjiang. Its operations span industries like agriculture, energy, mining, chemicals and real estate development across northwest China. It has over $2 billion in yearly revenue.

 

Yunnan Baiyao Group

This company based in Kunming, Yunnan Province manufactures traditional Chinese herbal medicine products. It is one of the largest companies owned by members of ethnic minority groups in the country, employing over 18,000 people and generating $2.3 billion in yearly sales.

 

Jinyuan Group

Jinyuan is a large Tibetan-owned conglomerate with business in industries such as mining, chemicals, real estate and tourism. Based in Lhasa, Tibet, it has over 20,000 employees and $1.8 billion in annual revenue.

 

Zhunxing Group

Headquartered in Qiandongnan, Guizhou Province, Zhunxing is a major company owned by the Miao and Dong ethnic minorities. Its primary businesses are in agriculture, chemicals, mining and tourism with over $1.5 billion in yearly sales.

 

Yaxin Group

This large private company based in Jinghong, Yunnan is owned by members of the Dai ethnic group. Yaxin’s main operations are in mining, agriculture, logistics and real estate development across southern China, generating over $1.2 billion in annual revenue.

 

Buyi Holding Group

Based in Guiyang, Guizhou Province, Buyi Holding Group is owned by members of the Buyi ethnic minority group. Its businesses span mining, agriculture, energy, tourism and real estate across 10 provinces in China with over $1 billion in yearly sales.

 

Yanjian Group

Headquartered in Qamdo, Tibet, Yanjian Group is one of the largest private companies owned by ethnic Tibetans. Its operations cover construction, mining, logistics and real estate development mainly in Tibet and surrounding regions generating over $900 million in annual revenue.

 

These top indigenous companies showcase the significant economic influence and entrepreneurial capabilities of China’s many ethnic minority groups. From consumer products to mining and agriculture, they are major employers and drivers of economic development across many regions of the country.

 

The article has been modified using artificial intelligence (AI) tools.