| First
Ranking of Chinese Firms Now On Line
 Visitors
to Engineering News-Record’s
Website, enr.com,
can now view a ranking of the Top 60 Contractors and Top 60
Design Firms in China. The list sets a number of firsts. This
is the first time that ENR has been involved in a ranking
of industry firms in a country outside the United States and
the first time we have partnered on a ranking with another
publication.
The publication is Construction
Times, a well-respected construction industry newspaper
based in Shanghai. The ranking appeared in
Construction Times on Nov. 29 with a series of articles
on the Chinese construction market and its largest firms.
It was the first time the newspaper has published information
of this kind. ENR began working with
Construction Times in 2003. We found that we have much
in common, providing the construction industry with news and
information to help our readers become more successful.
Engineering
News-Record has been ranking industry firms for 40
years. Our first ranking, The Top 400 Contractors, was first
published in 1964. Since then, we have developed rankings
for design firms, specialty contractors, owners, international
contractors and international design firms–all now on
enr.com. click here
to view top
chinese design firms and top
chinese contractors.
Readers in the U.S. and around
the world have told us time and again that our rankings are
useful to them. They use the lists to better understand how
their companies are growing compared to their competitors.
They also use the lists to demonstrate to owners that they
have expertise in different market sectors.
We use a simple measure–the
revenue that firms earn in a particular year. Our ranking
does not measure the quality of a firm’s work or its
profitability. We use revenue earned because it is an objective
measure, and one that allows companies to compare their volume
of business to that of other companies.
Those who compete with Chinese
companies in the global market and in China surely will find
the new lists of interest. We hope the new rankings will be
a valuable addition to the information available to everyone
about China’s industry.
ENR will begin the 2005 survey
process early next year. click
here for the survey schedule and other information.
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