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Is China Textile Group a central enterprise or a state-owned enterprise?
China Textile Group is both a central enterprise and a state-owned enterprise.
China Textile Group is the predecessor of China China Textile Group Co., Ltd., which was established in 1983. Its business scope covers cotton, wool and chemical fiber trade, research and development and production of cotton textiles, printing and dyeing fabrics, clothing trade and domestic retail, domestic and foreign exhibitions and other fields. As a state-owned enterprise, China Textile Group belongs to the central enterprises and belongs to China COFCO. Therefore, China Textile Group is both a central enterprise and a state-owned enterprise.
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