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Headquartered from Beijing , China Railway Construction ’ s ( Norinco ) revenues rose by 6.4 % in 2018 , while its Fortune ranking remained in 140th position . Established in 1980 , and among China ’ s 500 largest state-owned enterprises , Norinco produces an array of munitions and armoury - including rocket launchers - alongside combat vehicles , such as tanks and jeeps , military aircraft and unmanned aerial vehicles .

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