Is China Shipping Group a central enterprise or a state-owned enterprise?
State-owned enterprises State-owned enterprises refer to wholly state-owned enterprises, wholly state-owned companies and state-owned capital holding companies that the State Council and local people's governments perform the responsibilities of investors on behalf of the state respectively. According to Aiqi, the full name of China Shipping Group is China Shipping Group Co., Ltd., which was established in July 1997 and is held by a state-owned company 100%, so China Shipping Group is a state-owned enterprise.