China's e-commerce behemoth Alibaba was crowned the most innovative company in China by Fast Company, a US-based business magazine.

With the rapid growth of China's technology and internet industries, Chinese companies are striving to survive and expand.

This year marks the 10th edition of Fast Company World's Most Innovative Companies ranking.

Here are the 10 most innovative companies in China.

No 10 ICarbonX

Wang Jun, co-founder of iCarbonX delivers a speech. [Photo/Provided to chinadaily.com.cn]