What is a Chinese-funded enterprise

Enterprises invested or controlled by natural persons, legal persons and other organizations in China are called Chinese-funded enterprises.

The four major Chinese-funded enterprises in Hong Kong are China CTS Group, China Merchants Group Co., Ltd., China Resources (Group) Co., Ltd. and China Everbright Group Co., Ltd..

1, Investment Promotion in China-Pioneer of National Industry and Commerce in China (founded in 1872).

During the Westernization Movement, Li Hongzhang, minister of Beiyang and governor of Zhili, advocated the establishment of China Merchants Bureau, which was approved by Emperor Tongzhi. 1872, China merchants was formally established. This is the earliest shipping enterprise in China and the only surviving product of the Westernization Movement in China.

China Merchants Group (hereinafter referred to as China Merchants Group) is a large-scale national enterprise group in Hong Kong, headquartered in Hong Kong, and its business is mainly distributed in emerging markets with great vitality and potential such as Hong Kong, the Mainland and Southeast Asia. It is an important state-owned backbone enterprise directly managed by the central government and is also listed as one of the four Chinese-funded enterprises in Hong Kong. From 2004 to 2008, China Merchants was rated as an A-level central enterprise by SASAC the State Council for five consecutive years. In 2007, China Merchants was awarded the title of "Excellent Enterprise" by the State Council SASAC. At the end of 2009, the total assets of China Merchants Group were 268.276 billion yuan, and the total assets under management exceeded 2.2 trillion yuan. In 2009, China Merchants Group successfully responded to the financial crisis and achieved steady growth, with a total profit of17.852 billion yuan and a net profit of 9.799 billion yuan, ranking seventh among central enterprises.

2. China resources

Headquartered in Hong Kong, China Resources (Group) Co., Ltd. is one of the most powerful diversified enterprises in Hong Kong and China Mainland. Directly supervised by the State-owned Assets Supervision and Administration Commission of the State Council, it is a vice-ministerial central enterprise. The main business of China Resources is closely related to public life, mainly including retail, electricity, beverages, real estate, food, medicine, textiles, chemicals, cement, microelectronics, gas, compressors and other industries.

China Resources Group has 20 first-class profit centers and five listed companies in Hong Kong: China Resources Venture (HK29 1), China Resources Power (HK836), China Resources Land (HK1KLOC-0/09), China Resources Microelectronics (HK597) and China Resources Gas (HK 109).

3. China Everbright Bank

China Everbright Group (hereinafter referred to as Everbright Group) is an important state-owned backbone enterprise under the central management of China. 1983 was established in hongkong in may, and the State Council Guofa [1983] No.89 approved the articles of association of everbright group. Obviously, Everbright Group is a ministerial company directly under the State Council. As the window of China's reform and opening-up, China Everbright Group has developed into a super-large enterprise group focusing on banking, securities, insurance and investment management after more than 20 years' efforts, and has made positive contributions to China's reform and opening-up.

4. CTS Hong Kong

China China Travel Service Group Co., Ltd. is the parent company of Hong Kong China Travel Service (Group) Co., Ltd. (hereinafter referred to as China Travel Service Group), which was established in April of 1928 and is one of the four largest Chinese-funded enterprises in Hong Kong. After several generations of pioneering operation, it has developed into a well-known large-scale enterprise group at home and abroad with tourism as its main business and industrial investment (steel), real estate and logistics trade as its pillar industries. It is an important state-owned backbone enterprise directly managed by the central government. By the end of 2007, the total assets of the Group were RMB 37 billion, and * * * had 40,000 employees.

Hong Kong China Travel Service International Investment Co., Ltd., controlled by Hong Kong China Travel Service Group, is a listed company whose main business is to develop tourism. Operating land travel agencies, online travel agencies, hotels, scenic spots, resorts, golf, passenger transport and other tourism-related businesses in the mainland, Hong Kong and overseas, it has a perfect modern tourism industrial chain and strong comprehensive tourism investment capacity.