China's telecommunications giant Huawei has remained the most-admired Chinese company in 2020, according to a ranking by Fortune magazine's China edition on Nov 3.

Xiaomi, another tech company, appeared on this year's edition again after grabbing a spot in the 2018 edition.

Based on effective responses from 36,811 Chinese enterprise managers on online questionnaires, the top 10 winners were picked from a total of 427 candidate companies, which were mainly top 500 Chinese companies worldwide and in China, and some well-known Chinese enterprises.

The Hangzhou-based Alibaba Group ranked fourth for engaging in the industry of internet and internet service.