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Government of China

OVERALL

Owned
CHN
Rating
Criticisms

Communist government

All power within the government of the People's Republic of China is divided among three bodies: the Chinese Communist Party, State Council, and the People's Liberation Army. In recent years China has been consolidating it's state-owned assets and inviting private investors to invest (often family members of high ranking government officials), however in most cases the government retains control and majority ownership. We have listed State-Owned Enterprises (SOEs) simply as subsidiaries of China's government, although in reality company ownership is often more complex.

Government of the People's Republic of China   CHN     website         

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Government of the People's Republic of China
Environment Investing in single-use plastic waste
This company is the world's 2th largest equity owner of companies producing single-use plastic waste, according to Minderoo Foundation's 2021 Plastic Waste Makers Index. Institutional asset managers and global banks are providing billions of dollars to companies that produce polymers from fossil fuels, as much as 100 times more than they provide to companies trying to shift to a circular economy. Plastic pollution is one of the biggest, most urgent threats facing our planet and our health.
Source: Minderoo Foundation (2021)
Social Treatment of Uyghurs
Amnesty International's 2021 report 'Like We Were Enemies in a War', outlines how Uyghurs, Kazakhs and other predominantly Muslim ethnic minorities in China's Xinjiang Uyghur Autonomous Region face systematic state-organized mass imprisonment, torture and persecution amounting to crimes against humanity. Muslim ethnic groups are being forced to abandon their religious traditions, cultural practices and local languages.
Source: Amnesty Intl (2021)
Social Human rights abuse
According to Human Rights Watch: "China's one-party authoritarian state under the Chinese Communist Party systemically curbs fundamental rights. Under President Xi Jinping, in power since 2013, the government has deepened repression at home and sought to muzzle critics abroad. It has arbitrarily detained human rights defenders and lawyers, tightened control over civil society, media, and the internet, and deployed invasive mass surveillance technology. The government imposes particularly heavy-handed control in the ethnic minority regions of Xinjiang and Tibet. The government's cultural persecution and arbitrary detention of a million Uyghurs and other Turkic Muslims since 2017 constitute crimes against humanity. In Hong Kong, the government imposed draconian national security legislation in 2020 and systematically curbed the city's freedoms. The government initially covered up the Covid-19 outbreak and later hindered international efforts to investigate the virus's origin."
Source: Human Rights Watch (2021)
Social Human rights abuse
Amnesty International's 2020 report on China states "The year was marked by harsh crackdowns on human rights defenders and people perceived to be dissidents, as well as the systematic repression of ethnic minorities. The beginning of the year saw the start of the COVID-19 outbreak in Wuhan, which killed more than 4,600 people in China. People demanded freedom of expression and transparency after authorities reprimanded health professionals for warning about the virus. At the UN, China was strongly criticized and urged to allow immediate, meaningful and unfettered access to Xinjiang. Stringent restrictions on freedom of expression continued unabated. Foreign journalists faced detention and expulsion, as well as systematic delays to and refusals of visa renewals. Chinese and other tech firms operating outside China blocked what the government deemed politically sensitive content, extending its censorship standards internationally. China enacted its first Civil Code, which received thousands of submissions by the public calling for legalization of same-sex marriage. Hong Kong’s National Security Law led to a clampdown on freedom of expression." Follow the link for further details.
Source: Amnesty Intl (2021)
Information Wikipedia profile
Follow the link to see Wikipedia's article on the government of the People's Republic of China.
Source: Wikipedia (2021)

> About the Icons

Company Details

Subsidiaries Bank of China Ltd (70% owned) 

Banking

One of China's big four state-owned commercial banks.


  - Bank of China (Australia) Ltd 

Banking and financial services

Began operating in Australia over 20 years ago.


Industrial and Commercial Bank of China Ltd (70% owned) 

Banking and financial services

One of China's biggest banks, and one of the biggest banks in the world.


China Construction Bank Corporation (58% owned) 

Banking and financial services

One of China's Big Four banks.


China National Tobacco Corporation 

Tobacco products

World's largest manufacturer of tobacco products.


China Resources Holdings Co Ltd 

Conglomerate

Chinese state-owned conglomerate that owns a variety of businesses in Hong Kong and Mainland China.


  - China Resources Snow Breweries Ltd 

Brewery

China's largest brewing company.


Beijing Yanjing Beer Company Ltd  

Brewing

China's third largest brewing company.


Kweichow Moutai Group 

Alcoholic beverages

Spirits producer Kweichow Moutai is the core enterprise of this state-owned-enterprise, but the group is involved in other industries including baijiu, health wine, wine, finance, cultural tourism, education, hotels and real estate.


  - Kweichow Moutai Co Ltd (64% owned) 

Alcoholic beverages

Partially publicly traded, partial state-owned enterprise in China. World's largest distiller.


China National Chemical Corporation 

Chemicals


  - Syngenta AG 

Agribusiness

Specialising in seeds and pesticides. Owned by ChemChina, a Chinese state-owned enterprise, since 2017.


  - Pirelli & C SpA (45% owned) 

Tyre manufacturer


China Merchants Group 

Transportation, finance and property

The main businesses of China Merchants Group (the Group) cover three core sectors of transportation and related infrastructure (ports, toll roads, energy transportation and logistics), financial investment and asset management, as well as property development and management.


  - Oriental Merchant Pty Ltd 

Wholesaling, distributing and marketing of Asian groceries

In 1990, Hong Oriental merged with Chinese state-owned company China Merchant to form Oriental Merchant. Today Oriental Merchant is the major Asian food supplier to Australian supermarkets and Asian grocery retailers.


Guangdong Foodstuffs Import & Export (Group) Corporation 

Asian food makers

This Chinese state-owned enterprise was founded in 1954. Now it has grown into a comprehensive enterprise group with integration of research, manufacturing and trade. Pearl River Bridge is China's #1 soy sauce brand.


Bright Food (Group) Co Ltd 

Large food conglomerate

State-owned Bright Food was established in 2006 amid a series of mergers and consolidations of Chinese state-owned assets, and today is China's largest food company. Shanghai's municipal government is the company's controlling stakeholder. Acquired 75% of Manassen Foods in Nov 2011.


  - Manassen Foods Australia Pty Ltd (75% owned) 

Food importer and marketer

Manassen Foods markets many leading consumer brands including Trident. In April 2006 Manassen Foods acquired The Great Southern Foods group, King Oscar and Hutchinsons (NZ), and turned the business into a new company with CHAMP Pty Ltd having a 51 per cent stake. Bought Sunbeam Foods in 2007. China's Bright Food bought 75% of the company in late 2011.


  - Synlait Ltd (39% owned) 

Dairy

Established in 2000. China's Bright Dairy bought a 51% stake in 2010, which has since been diluted to 39%. Acquired fellow New Zealand dairy company Dairyworks in 2019.


Hisense Co Ltd 

Consumer electronics and household appliances

Founded in 1969, it is now a global conglomerate in the business domains of consumer electronics, communications, multimedia, home appliances, information technology and real estate. Acquired the Toshiba TV business in 2017, and Slovenian appliance maker Gorenje in 2018.


  - Gorenje dd 

Home appliances manufacturer

Established 60 years ago, exports global home appliance brands of Gorenje and Asko (which was acquired in 2010), as well as regional brands to more than 90 countries. Also has Portfolio Investments including ecology-related services, toolmaking, engineering, catering and trade. Gorenje brand household appliances were introduced into Australia in 2014. Acquired by Hisense in 2018.


  - Hisense Australia Pty Ltd 

Television and home appliance retail distributor

Hisense Australia was established in 2006 and its Chinese manufactured TV and home appliance brands are distributed through more than 1000 retail stores nationally.


CITIC Capital Holdings Ltd (74% owned) 

Investment management

Global alternative investment management and advisory company founded in 2002. Core businesses include Private Equity, Real Estate, Structured Investment and Finance, and Asset Management. Acquired Trilogy in 2018. CITIC Capital is 42.8% owned by China's largest conglomerate CITIC Group, 31% by China Investment Corporation (CIC) and 22% by Qatar Holdings. CITIC Group and CIC are both owned by the Chinese Government.


  - Trilogy International Ltd 

Personal care products

Operated primarily in New Zealand, but also Australia and over 25 countries around the world. Owner of the Trilogy, ECOYA and Goodness brands. ECOYA bought Trilogy in 2010 and in 2013 was renamed Trilogy International Ltd. Acquired by Hong Kong-based private equity firm, CITIC Capital in 2018.


  - LifeStyles Healthcare Pte Ltd (40% owned) 

Condom manufacturer

Australian owned for 112 years until 2017 when Ansell sold its condom division to a Chinese consortium.


CITIC Group Corporation Ltd 

Conglomerate

100% owned by China's Ministry of Finance. One of China's largest conglomerates.


  - CITIC Ltd (58% owned) 

Conglomerate

A diversified company with a primary focus on special steel manufacturing, property and iron ore mining. 58% owned by the state-owned CITIC Group.


JIC/Tamar Consortium 

Consortium

In 2018 a Chinese consortium comprising China Jianyin Investment [JIC] and Tamar Alliance Partners Fund [Tamar] acquired a majority share in Nature's Care. Both members of the consortium and owned by the Chinese government. Tamar Alliance Fund is jointly owned by Citic Pacific Ltd and Dah Chong Hong Holdings, both of which are owned by CITIC Ltd. CITIC Ltd is 58% owned by state-owned CITIC Group.


  - Nature's Care Manufacturing Pty Ltd (51% owned) 

Health and skin care products

Founded in 1990, today they are Australia's third-largest vitamins company. Contract manufacturers specializing in health food supplements, baby skin care and cosmetic products. They sell products under their owns brands too. Acquired by a Chinese consortium in 2018.


Inner Mongolia Yili Industrial Group Company Ltd 

Dairy

Asia's largest dairy producer. Acquired New Zealand's second largest dairy co-op, Westland, in 2019.


  - Westland Co-operative Dairy Company Ltd 

Dairy

Previously owned by over 340 farmer shareholders, who supply milk to the factory for processing. Acquired by Chinese dairy giant Yili in 2019.


China Oil and Food Corporation 

Food processor

Chinese state-owned enterprise, and China's largest food processor, manufacturer and trader.


  - China Mengniu Dairy Company Ltd (21% owned) 

Dairy

One of China's largest dairy product manufacturers. Operates 38 production bases in China and one in New Zealand. Major shareholders include Chinese state-owned COFCO, and European dairy giant Arla. Danone sold its 10% stake in 2021. Became a player in Australia's dairy industry after acquiring Burra Foods in 2016 and Bellamy's Organic in 2019.


SAIC Motor Corporation Ltd 

Automobile manufacturer

China's largest automaker, and one of China's Big 4 state-owned automakers.


Sichuan Changhong Electric Co Ltd (54% owned) 

Consumer electronics

Founded in 1958 as a state-owned enterprise manufacturing products for the military, they switched to making products for civilian use in the 19-70's. Today they are China's second largest television manufacturer. Their CHiQ brand entered the Australian market in 2017.

Contact Details

Address Beijing, China
Website english.gov.cn

Products / Brands

Oriental Merchant
Bika Yeko Asian
Chef's World Noodles
Cocon Noodles
Dainty Asian
Double Phoenix Noodles
Double Phoenix Asian
Dragon & Phoenix Asian
Dragon & Phoenix Noodles
Erawan Noodles
Erawan Asian
Gold Pearl Noodles
Hikari Asian
Indo Mie Noodles
Indofood Asian
Jade Phoenix Asian
Jade Phoenix Noodles
Jeeny's Asian
Jinmaling Noodles
Kewpie Soy/Asian Sauce
Koh-Kae Asian
Kokita Asian
Lee Kum Kee Asian
Lee Kum Kee Soy/Asian Sauce
Lingham's Asian
Mae Ploy Asian
Mae Ploy Soy/Asian Sauce
Nissin Noodles
Nissin Asian
Nong Shim Noodles
Nong Shim Asian
Obento Asian
Obento Noodles
Ong's Asian
Ong's Soy/Asian Sauce
Poonsin Asian
S & B Asian
Savour Asian
Six Fortune Asian
Smiling Fish Asian
Squid Asian
TCC Asian
UFC Asian
Valcom Asian
Wai Wai Noodles
Yeo's Asian
Yeo's Soy/Asian Sauce

Guangdong Foodstuffs
Pearl River Bridge Soy/Asian Sauce

Manassen Foods (75% owned)
Angas Park Dried Fruit & Nuts
Chrystal Fresh Cheese
Diet Rite Herbs & Spices
Globus Pickles, Chutney & Relish
Golden Days Health Bars
King Oscar Canned Fish
Margaret River Cheese
Margaret River Yoghurt
Marion's Kitchen Asian
Mundella Yoghurt
Mundella Cheese
S & W Salad Dressing/Mayonnaise
S & W Topping & Syrup
Sunbeam Dried Fruit & Nuts
Trident Dried Fruit & Nuts
Trident Noodles
Trident Canned Vegies/Beans
Trident Soup
Trident Asian
Trident Chilli/Hot Sauce
Wokka Noodles
Wokka Packet Meals

Hisense Australia
Hisense Air Conditioners
Hisense Televisions
Hisense Fridges & Freezers
Hisense Washing Machines & Dryers
Hisense Dishwashers
Hisense Soundbars
Hisense Heating & Cooling
Hisense Sero Tablets
Toshiba Televisions

LifeStyles (40% owned)
Ansell Condoms
Ansell Personal Lubricant
Lifestyles Condoms
Lifestyles Personal Lubricant
Skyn Condoms
Skyn Personal Lubricant
Zero Condoms

Nature's Care (51% owned)
Healthy Care Vitamins
Nature's Care Vitamins
Nature's Care Baby Toiletries
Nature's Care Lip Care
Nature's Care Skin Care
Vitamore Vitamins
VitAustralia Vitamins

Westland Milk Products
Westgold Butter & Margarine

Changhong (54% owned)
CHiQ Fridges & Freezers
CHiQ Televisions
CHiQ Heating & Cooling


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