Is Changchun FAW Company a state-owned enterprise?
It is a state-owned enterprise. According to official website of China FAW Group Co., Ltd., the full name of FAW is China FAW Group Co., Ltd., formerly known as First Automobile Factory. 1953 July 15 laid the foundation stone. Headquartered in Changchun City, Jilin Province, it is one of the most powerful automobile enterprises in China automobile industry. It is a state-owned enterprise directly under the State Council SASAC. Therefore, Changchun FAW Company is a state-owned enterprise.