CMG's entrepreneurship and innovation work received favourable results in the annual national evaluation

2020-04-05

The annual evaluation on the construction of the entrepreneurship and innovation demonstration bases organized by the National Development and Reform Commission (NDRC) came to an end in recent days. China Merchants Group's base construction was again well recognized, ranking second in the enterprise category.

In late 2019, NDRC commissioned the China Association for Science and Technology (CAST) to carry out an annual evaluation of the 120 entrepreneurship and innovation demonstration bases across the country as well as conducted a comprehensive assessment of each demonstration base's three-year construction tasks. Recently, the results of the evaluation were formally issued after being reviewed by the State Council. The construction of the Group's demonstration base was fully acknowledged by experts from all walks of life in the evaluation group, ranking second among the 28 enterprise bases with a score of 84.8.

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CMG, founded in the Westernization Movement in 1872, is a pioneer in China's national industry and commerce. During past 140 years, CMG made a lot of firsts and acted as a leader in different business fields, like setting up the first commercial fleet, bank, insurance company in modern China. CMG plays an important role in economic history and social development history of modern China...

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