The State Grid Corporation of China (SGCC; Chinese: 国家电网公司; pinyin: Guójiā Diànwǎng Gōngsī), commonly known as the State Grid, is the state-owned electric utility monopoly of China.[2] It is the largest utility company in the world, and as of 2018, the world's second largest company overall by revenue. In 2016/17 it was reported as having 927,839 employees, 1.1 billion customers and revenue equivalent to US$363.125 billion.[2][3]