No 10 China Mobile Communications Corporation (670.93 billion yuan)

An employee serves customers inside a China Mobile Communications Corp store in Nanjing, East China's Jiangsu province, Jan 3, 2016. [Photo/VCG]

China Enterprise Confederation and China Enterprise Directors Association recently unveiled the 2016 edition of the Top 500 Chinese Enterprises list, based on revenues from 2015.

The State Grid grabbed the top spot with 2.07 trillion yuan ($310 billion) in revenue, with oil giants China National Petroleum Corp and Sinopec ranking second and third.

Revenues of the top 500 enterprises totaled 59.46 trillion yuan last year, down 0.07 percent from the previous year, according to the list. This is the first decline in combined revenues of the top 500 firms in 15 years.

Let's take a look at China's top 10 enterprises.