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E-commerce leader Alibaba, com Ltd. came out on top of China's company rankings in 2010, with high scores in the innovation and vision categories.
Alibaba's strong performance echoes the significant growth in China's online e-commerce market.
Deutsche Bank forecasts that online sales will grow to 7. 2% of China's total retail market by 2013, from 2% now.
Alibaba's' consumer-auction- site, Taobao, expects to double its gross merchandise volume to 400 billion yuan (60 billion) by the end of 2010.
In the first half of this year, Alibaba posted a profit of 693 million yuan, or about $104 million, up about 40% from the year-earlier period.
Other online companies that made the top 10 include Internet and mobile company Tencent Holdings Ltd., China's popular search engine Baidu Inc., and the travel booking site Ctrip. com International Ltd.
Commercial bank China Merchants Bank slipped from last year's top seat to No.2. It was the only bank in the top 10 this year. Last year four of the top 10 were banks, including two of China' s big four: Bank of China Ltd. and Industrial&. Commercial Bank of China Ltd.
The banks, which tend to score well in the financial and corporate-reputation categories, didn't rank high in innovation and vision, with the exception of China Merchants Bank.
43.China's online e-commerce market. developed much faster in the first half of 2010 than the year-earlier period.