Is China Machinery Industry Group Co., Ltd. a state-owned enterprise or a central enterprise?

It is a central enterprise and a state-owned enterprise (the concepts of central enterprise and state-owned enterprise intersect, all central enterprises belong to state-owned enterprises, but state-owned enterprises are not necessarily central enterprises).

According to statistics, China Machinery Industry Group Co., Ltd. (SINOMACH) is an important state-owned backbone enterprise directly managed by the central government. It originated from the First Ministry of Machinery Industry and evolved from more than 70 research and design institutes, equipment manufacturing, industry and trade enterprises in the former Ministry of Machinery Industry.

At present, SINOMACH has 29 directly-managed secondary enterprises, 1.2 million employees and 1.3 listed companies. SINOMACH is one of the top 500 enterprises in the world, ranking first among the top 100 mechanical industries in China for many years.

If you need to see more information about China Machinery Industry Group Co., Ltd., I suggest you go to the enterprise to find out-check the enterprise for free.