Is COFCO a state-owned enterprise?

State-owned enterprises belong to central enterprises, which are divided into central enterprises (state-owned enterprises supervised and managed by the central government) and local enterprises (state-owned enterprises supervised and managed by local governments).

COFCO is a Fortune 500 enterprise, the largest grain, oil and food enterprise in China, and a leading diversified product and service provider in agricultural products and food fields in China. COFCO is committed to building a grain, oil and food enterprise in the whole industry chain from the field to the dining table, and to building an urban complex with a full service chain. Use renewable natural resources to provide nutritious and healthy food, high-quality living space and life services for human beings, and make contributions to the prosperity of people's lives and the prosperity and stability of society. The brands of COFCO include agricultural products, food and real estate hotels. Joy City is an "international youth city complex" carefully built by the strategic deployment of COFCO's commercial real estate sector.

20 14 On February 28th, COFCO acquired the equity of global agricultural products and commodities trading group Nidera5 1%. This has greatly accelerated the development of COFCO from a central grain enterprise in China to the backbone of the global grain and oil market.

In August of 20 16, COFCO ranked 25th among the top 500 Chinese enterprises in 20 16. ? [3]? On July 2, 2065438, COFCO was awarded Grade A in 20 16 by the State-owned Assets Supervision and Administration Commission. 20 18 fortune 500 ranking 122.

Extended information: COFCO is a world-class grain enterprise based in China, an agricultural, grain, oil and food enterprise with the most market and development potential, and an investment holding company integrating trade, processing, sales and research and development. COFCO takes "ensuring national food security and keeping China people's rice bowls firmly in their own hands" as its own responsibility, and is committed to building a world-class grain enterprise with global competitiveness, serving national macro-control, ensuring national food and food safety, and building a state-owned capital investment company with COFCO characteristics.

Reference: COFCO-Baidu Encyclopedia