China’s highest-earning construction firms continue to expand, according to the 2011 ENR/Construction Times Top 60 Chinese Contractors and Top 60 Chinese Design Firms lists. The lists rank China-based companies according to their domestic and international revenue from 2010. They are compiled by Construction Times, a Shanghai-based industry newspaper, using an ENR-designed survey.
The report shows that the revenue of the Top 60 Contractors reached $405.27 billion in 2010, an increase of 29.5% over 2009. This figure represents 28.2% of the $1,438.16-billion total income of all China-based contractors. The revenue of the Top 60 Design Firms reached $13.29 billion in 2010, an increase of 9%. The growth rate for contractors compared well to the sector's 27.6% growth rate from 2008 to 2009, while the growth rate for design firms was not as strong as the sector's 22.6% increase recorded in last year’s report. Neither was as robust as the 31.5% annual growth rate of China’s top 500 companies.