China Merchants Group
招商局
Real Estate & ConglomeratesShenzhen · South (Guangdong · Hong Kong · Hainan)
Business focus
Real Estate & Conglomerates
Description
China Merchants Group (招商局集团) is China's oldest state-owned enterprise, founded in Shanghai in 1872 by Qing official Li Hongzhang as a shipping company, now headquartered in Hong Kong and Shenzhen under SASAC. It pioneered China's first Special Economic Zone pilot, Shekou Industrial Zone, in 1979. Core businesses include China Merchants Bank, port operations worldwide (China Merchants Port), shipping (China Merchants Energy Shipping), and real estate through China Merchants Shekou (招商蛇口).