Qingdao has 12 enterprises on the list of China Top 500. The China Entrepreneurs' League and China Entrepreneurs' Association issued the list recently.

　　The 12 local enterprises are Haier, Hisense, No. 1 Auto Factory Qingdao Branch, Qingdao Steel, Kailian, Qingdao Beer, Double Stars, Estong, Aucma, Guangyuanfa, Qingdao Port and Qili Group. China Top 500 made the list according to the business income of the Chinese enterprises. Haier ranked 16th on the list with an annual business income of 71 billion Yuan. （top86）