Is Pan Pacific Hotel Ningbo a state-owned enterprise or a private enterprise?

State-owned enterprises According to the information of Pan Pacific Hotel Ningbo, Pan Pacific Hotel Ningbo is a state-owned enterprise, a five-star international high-end hotel, located in Andong Road, Ningbo. Ningbo Pan-Pacific Hotel and Senior Service Apartment is located in the core area of the new town in the east of Ningbo, adjacent to Ningbo International Convention and Exhibition Center. The main financial and government landmarks can be easily reached within walking distance, and its 4 15 rooms and 195 service apartments will provide hotel and long-term accommodation services for guests. Hotel guests and service apartment residents can enjoy a series of restaurants, bars and leisure facilities.