Is CSCEC a state-owned enterprise?

China State Construction generally refers to China State Construction Engineering Corporation, a state-owned enterprise officially established in 1982. Its predecessor is the former State Administration of Construction Engineering. It is one of the few companies that does not occupy a large amount of state investment, does not occupy the country's natural resources and business patents, and has developed and grown by engaging in fully competitive construction and real estate industries as its core business. Important state-owned enterprises.

China State Construction Engineering Corporation is China's largest construction and real estate conglomerate and China's largest housing construction contractor. It is the largest multinational construction company in developing countries and regions and the world's largest residential project builder. It has long been ranked first in China's international engineering contracting business.

China State Construction Engineering Corporation has conducted business in more than 100 countries and regions around the world. Its operating areas are mainly distributed in 27 countries and regions around the world. It has operations in China except Taiwan Province. carry out. From the establishment of the company in 1982 to the end of 2010, China State Construction Engineering Corporation has undertaken contracts with a total contract value of 3 trillion yuan (the same below) and completed a turnover of 1.8 trillion yuan. In 2010, the company's total assets exceeded 380 billion yuan, which is well-deserved A leader in China's construction industry. China State Construction Engineering Corporation has been among the world's 225 largest international contractors for consecutive years since 1984, ranking 22nd in 2010.

China State Construction Group Co., Ltd. is one of the construction and real estate enterprise groups with the longest history of professional operation, the earliest market-oriented operation, and the highest degree of integration in China. It has product technology research and development, survey and design, project contracting, It has a complete industrial chain of construction products including real estate development, equipment manufacturing, and property management. It is the only enterprise in China's construction industry that has three special-level general contracting qualifications for housing construction, municipal administration, and highways.