Is China Ocean Holding Co., Ltd. a state-owned enterprise or a private enterprise?

China COSCO is a state-owned enterprise.

China Ocean Shipping (Group) Company, referred to as COSCO for short, is the largest shipping company in Chinese mainland, one of the largest ocean shipping companies in the world, and one of the 53 super-large state-owned enterprises directly under the Central Committee of People's Republic of China (PRC).

China Ocean Shipping has nearly 1,000 member companies and institutions around the world, with more than 80,000 employees and more than 600 ships (totaling more than 30 million tons). Its routes cover 1 200 ports in many countries and regions around the world, and it has more than 50 wholly-owned and joint ventures overseas.

Its enterprise:

1, COSCO (Hong Kong) Group: COSCO's largest overseas company with more than 540 companies.

2. COSCO Hong Kong Shipping Company: the pillar enterprise of COSCO Hong Kong Group.

3. China Ocean Shipping Logistics Co., Ltd.: Established in Beijing on June 8, 2002, it is the largest logistics enterprise in China.

Extended data:

The historical background of ocean transportation in China;

China Ocean Shipping Company was formally established on April 27th, 196 1, and its first manager was Feng Yujiu, director of the Ocean Shipping Bureau of the Ministry of Communications. 1961On April 28th, China Ocean Shipping Company Guangzhou Branch was established.

On April 28th, 196 1, Guanghua, the first ocean-going ship of People's Republic of China (PRC) (260,000 pounds to buy the hull of an old British cruise ship, and China renovated its internal navigation AIDS and communication equipment), held a grand maiden voyage ceremony in Huangpu Port, Guangzhou, and then sailed to Jakarta Port, Indonesia to take back overseas Chinese in distress. It marks the establishment of COSCO.

Background: Western countries have imposed a maritime economic blockade on People's Republic of China (PRC), and Chinese mainland needs to develop maritime transportation to carry out foreign trade and exchanges.

1985, Chinese mainland shipping market was liberalized, and COSCO's monopoly position was challenged. From 1993 to 1995, COSCO seized the opportunity of the rapid development of the global shipping market and formulated the enterprise expansion policy of "from sea to sky".

1998, cosco reduced its investment scale, suspended projects unrelated to shipping, stopped investing in the cosco international city project in Taicang, Jiangsu province, and strictly controlled the new shipbuilding plan. In 2000, the annual salary system for leaders was implemented in the leadership of secondary companies, which was the first large state-owned enterprise as a pilot reform of the annual salary system.

Baidu Encyclopedia-China Yuanyang