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Is COSCO Shipping Guangzhou Co., Ltd. a central enterprise?
Yes By inquiring about the profile of COSCO Shipping (Guangzhou) Co., Ltd., it shows that it is a wholly-owned subsidiary of China Ocean Shipping Group Co., Ltd., a large state-owned enterprise directly managed by the central government, which was reorganized from China Ocean Shipping (Group) Corporation and China Ocean Shipping (Group) Corporation. The central state-owned enterprises in China, referred to as "centrally managed enterprises" for short, refer to wholly state-owned or state-controlled enterprises whose leading bodies are directly managed by the Central People's Government (the State Council) or entrusted by the state-owned assets supervision and administration institution to exercise the responsibilities of investors, or entrusted by the Central Organization Department, the State-owned Assets Supervision and Administration Commission of the State Council or other central ministries (associations).
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