Is China Merchants Property a State-owned Enterprise or a Central Enterprise?

Central enterprises. China Merchants Property Holdings Limited was established in 1984 and is one of the earliest real estate companies in China. It is a subsidiary of China Merchants Group Co., Ltd., a central enterprise directly managed by SASAC the State Council. As a part of central enterprises, China Merchants Property has rich experience and resources in real estate development, property management, commercial operation and other fields.

Its high-quality real estate projects and professional services have been recognized in Chinese mainland and overseas cities.