China National Machinery Industry Co (Sinomach) ranked 250th in the 2019 Global 500 list, which was unveiled by Fortune on July 22. The company is up six places from last year.

The Fortune Global 500 is a ranking of companies by revenue that has been published annually since 1955 by American multinational business magazine Fortune, headquartered in New York.

A total of 129 Chinese companies are on the list this year, surpassing the United States, which tallies 121, for the first time.