Is Sheraton Beihai Hotel a state-owned enterprise?

Sheraton Beihai Hotel is not a state-owned enterprise. According to relevant public information, Sheraton Beihai Hotel is a private enterprise, not a state-owned enterprise managed and operated by the state. Enterprises refer to resident enterprises and non-resident enterprises as stipulated in the Enterprise Income Tax Law and its implementing regulations. A resident enterprise refers to an enterprise established in China according to law, or an enterprise established in accordance with the laws of a foreign country (region) but with its actual management institution in China.