CCA parent company CSCEC moved up five spots to No. 9 on this year’s Fortune Global 500 list published Aug. 3.

On Fortune magazine’s 2020 Global 500 list, CCA’s parent company China State Construction Engineering Corporation (CSCEC) rose three spots from 2019 to No. 18.

CCA parent company CSCEC jumped two spots to No. 21 on Fortune magazine’s Global 500 list. With total assets of $273 billion, CSCEC has secured its leading position in the global engineering and construction sector for the seventh year.

CCA parent company CSCEC has been ranked as the 23rd-largest corporation in the world, according to the most recent edition of the Fortune Magazine Global 500. With revenue of $156.07 billion, CSCEC continued to hold its position as the world’s largest investment and construction conglomerate.