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Is Chang'an Industry a Central Enterprise or a State-Owned Enterprise?

1 Answers

DelGabrielle

09/02/25 4:52am

Chang'an Industry is a state-owned large-scale enterprise. Below is relevant information about Chang'an Industry: Nature of Chang'an Industry: Chongqing Chang'an Industry (Group) Co., Ltd. is affiliated with China Ordnance Equipment Group Corporation and is a state-owned large-scale enterprise that integrates military and civilian production. It is one of the key military-supporting enterprises supported by the state. Its predecessor was the Shanghai Arsenal founded in 1862 by Li Hongzhang, a minister of the Qing Dynasty, making it the first industrial enterprise in modern Chinese history. The headquarters of Chang'an Industry Group is located in the Airport Industrial Park in Yubei District, Chongqing, with industrial bases spanning Chongqing, Sichuan, Hebei, Hunan, and other regions. Nature of State-Owned Large-Scale Enterprises: State-owned large-scale enterprises refer to enterprises controlled by the state, which are part of the public ownership system. State-controlled enterprises, as part of the public ownership system, allow the state to control the lifelines of the nation, including transportation, industry and mining, telecommunications, etc. Examples include China Telecom, State Grid, etc. The registered capital is state-invested, and these enterprises are classified as large-scale according to the standards of enterprise size, excluding small and medium-sized enterprises.

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