McDonald's is a global multinational chain restaurant, headquartered in Chicago, USA. The franchise of McDonald's in Chinese mainland belongs to McDonald's (China) Co., Ltd., which is a non-state-owned enterprise and a wholly foreign-owned enterprise. Wholly foreign-owned enterprises are enterprises established by foreign investors, and their nature and ownership are different from those of state-owned enterprises. McDonald's branch in China is operated and managed by McDonald's (China) Co., Ltd., but its ownership and control belong to McDonald's headquarters. McDonald's is not a state-owned enterprise.