China Merchants Group was established in 1872 as the first business enterprise in modern Chinese history. Under the situation of commercialization, the company made lots of accomplishments such as attracting public investment, forming marine fleet, broadening the shipping sea lines, acquiring foreign enterprises, setting up banks etc. All these had stimulated economic growth and triggered modernization transformation of industrial chain. CMG was deeply involved in the Reform and Opening-up and to promote social progress with commercial success.

 

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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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