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Is Greentown a State-owned Enterprise or a Central Enterprise?
Greentown is neither a state-owned enterprise nor a central enterprise.
Greentown Group is a wholly foreign-owned enterprise and a wholly-owned subsidiary of Greentown China Holdings Limited, a Hong Kong listed company. According to the definition of China State-owned Assets Supervision and Administration Commission, state-owned enterprises refer to enterprises funded or controlled by the state, while central enterprises refer to enterprises funded or controlled by the central government. Greentown Group does not meet these two definitions, so it can be concluded that Greentown is neither a state-owned enterprise nor a central enterprise.
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