On February 8, the Ministry of Commerce of China released the rankings of "Top 100 Chinese Enterprises with Turnover of Foreign Engineering and Contracting Business in 2017" and "Top 100 Chinese Enterprises with Newly Contracted Volume of Foreign Engineering and Contracting Business in 2017". NFC ranks 28th and 55th on the two lists respectively.
According to the data released by MOFCOM, enterprises in the two lists undertake most of the business in the industry. In 2017, the turnover of these top 100 enterprises accounted for 73.2% of the total business volume of China's foreign contracted projects, up 1% from the previous year. The newly signed contract volume of these top 100 enterprises accounted for 85.4% of the total in the industry, 2% higher than the previous year.
