The 2009 report of China's top 500 enterprises released on August 5th showed that the top 500 Chinese enterprises in 2009 had a net profit of 170.6 billion US dollars, down by 12.4%, which was much better than the performance of the top 500 American enterprises in 2009 with a net profit of 98.9 billion US dollars, down by 84.67%. Li Rongrong, director of the State-owned Assets Supervision and Administration Commission under the State Council warned: "Objectively speaking, the top 500 are actually just the biggest 500." Many experts in the industry suggested that our country's enterprises should seize the opportunity to speed up adjustment from aspects such as their own strategic management, resources and industrial chain integration, etc., to realize transformation and upgrading.