BEIJING, July 22 (China Space News) — The Fortune magazine’s official website officially released 2016 annual "Fortune" Global 500 list on 20 July 2016.

China Aerospace Science and Technology Corporation(CASC) was ranked 344th with an operating revenue of US$30.55 billion, moving up 93 places compared to last year when it debuted on the list.

The Chinese companies on the list this year from last year's 106 increased to 110 (including Hong Kong and Taiwan).