China Merchants Group

China Merchants Group

China Merchants Group is a central state-owned enterprise based in Hong Kong. It participated in China's initiative to create overseas network of ports, logistics, finance, and industrial parks.

China Merchants Group or China Merchants is a state-owned enterprise directly managed by the central government. It aggregates capital, organizes production, and expands production scale under the conditions of production socialization and economic commodification. It recruits and raises shares, builds fleets, expands routes, acquires foreign companies, invests abroad, and creates banks.

China Merchants Group also engages in banking, securities, funds and asset management, and insurance businesses; and zone and community development and operation business. Moreover, it manufactures containers and airport facilities; and supplies marine equipment.

Li Hongzhang founded the China Merchants Group in 1872 in Hong Kong as the first business enterprise in China. SInce its foundation, it has accelerated the pace of internationalization and has 56 ports in 20 countries and regions around the world.

China Merchants is an important investor and operator of the transportation infrastructure industry in the Mainland and Hong Kong. It has established a well-established port network cluster in the main hub ports of China's coastal areas. The terminals controlled or funded in Greater China are spread throughout Hong Kong, Taiwan and Shenzhen. Ningbo, Shanghai, Qingdao, Tianjin, Dalian, Yingkou, Xiamen, Zhanjiang, Shantou and other international and regional container hubs, is the largest public terminal operator in China; and successfully in Africa, Southeast Asia, Europe, North America and South America, etc. Countries and regions invest.

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Li Hongzhang

Founder

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