China Poly Group
Encyclopedia
China Poly Group Corporation (Chinese
: 中国保利集团) is a business group
headquartered in China
.
After more than 20 years of development, international trading and real estate have been well established as the two core businesses of the Group, while the culture industry is in cultivation and steady development. Having its affiliated enterprises and projects in Beijing
, Shanghai
, Guangzhou
, Shenzhen
, Wuhan
, Changsha, Tianjin
, Harbin
, Shenyang
, Chongqing
, Hainan
, and Hong Kong
etc., the Group Corporation has made significant achievements in capital scale, economic benefits, business management and system construction, characterized by professionalism, scale operation and optimal allocation of resources.
, Inc as its major operating platform, which ranks 63 among the top 500 import & export enterprises of China
published by Ministry of Commerce in 2005. While intensifying its efforts on major business of defense and civilian products trading, Poly Technologies
, Inc, in accordance with the strategy of "parallel focus on both trading and natural resources development", is taking an active part in such resources business as coal-mining, iron ore and crude oil exploration investment. Recently it also collaborates with China Council for the Promotion of International Trade
(CCPIT) in the investment of new China International Exhibition Center. Poly Group is accredited by SASAC as the only central enterprise mainly engaged in defense items trading.
property developers in 2005 for its valuable brand and comprehensive strength; and the overseas platform with Poly (Hong Kong) Investments Limited as the major entity. Poly Group was the most profitable enterprise in 2005 among all central enterprises primarily engaged in property development.
heads looted from the Old Summer Palace
from overseas collectors), artworks auction, film & TV program production, film distribution and cinema chains management. It was designated as "cultural industry's role model" by Ministry of Culture.
Chinese character
Chinese characters are logograms used in the writing of Chinese and Japanese , less frequently Korean , formerly Vietnamese , or other languages...
: 中国保利集团) is a business group
Business group
A corporate group is a collection of parent and subsidiary corporations that function as a single economic entity through a common source of control. The concept of a group is frequently used in tax law, accounting and company law to attribute the rights and duties of one member of the group to...
headquartered in China
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...
.
History
With the approval of the State Council, China Poly Group Corp. was set up on the basis of Poly Technologies, Inc. in February 1993. It is one of the 166 central enterprises under the supervision and management of the State-owned Assets Supervision and Administration Commission (SASAC).After more than 20 years of development, international trading and real estate have been well established as the two core businesses of the Group, while the culture industry is in cultivation and steady development. Having its affiliated enterprises and projects in Beijing
Beijing
Beijing , also known as Peking , is the capital of the People's Republic of China and one of the most populous cities in the world, with a population of 19,612,368 as of 2010. The city is the country's political, cultural, and educational center, and home to the headquarters for most of China's...
, Shanghai
Shanghai
Shanghai is the largest city by population in China and the largest city proper in the world. It is one of the four province-level municipalities in the People's Republic of China, with a total population of over 23 million as of 2010...
, Guangzhou
Guangzhou
Guangzhou , known historically as Canton or Kwangchow, is the capital and largest city of the Guangdong province in the People's Republic of China. Located in southern China on the Pearl River, about north-northwest of Hong Kong, Guangzhou is a key national transportation hub and trading port...
, Shenzhen
Shenzhen
Shenzhen is a major city in the south of Southern China's Guangdong Province, situated immediately north of Hong Kong. The area became China's first—and one of the most successful—Special Economic Zones...
, Wuhan
Wuhan
Wuhan is the capital of Hubei province, People's Republic of China, and is the most populous city in Central China. It lies at the east of the Jianghan Plain, and the intersection of the middle reaches of the Yangtze and Han rivers...
, Changsha, Tianjin
Tianjin
' is a metropolis in northern China and one of the five national central cities of the People's Republic of China. It is governed as a direct-controlled municipality, one of four such designations, and is, thus, under direct administration of the central government...
, Harbin
Harbin
Harbin ; Manchu language: , Harbin; Russian: Харби́н Kharbin ), is the capital and largest city of Heilongjiang Province in Northeast China, lying on the southern bank of the Songhua River...
, Shenyang
Shenyang
Shenyang , or Mukden , is the capital and largest city of Liaoning Province in Northeast China. Currently holding sub-provincial administrative status, the city was once known as Shengjing or Fengtianfu...
, Chongqing
Chongqing
Chongqing is a major city in Southwest China and one of the five national central cities of China. Administratively, it is one of the PRC's four direct-controlled municipalities , and the only such municipality in inland China.The municipality was created on 14 March 1997, succeeding the...
, Hainan
Hainan
Hainan is the smallest province of the People's Republic of China . Although the province comprises some two hundred islands scattered among three archipelagos off the southern coast, of its land mass is Hainan Island , from which the province takes its name...
, and Hong Kong
Hong Kong
Hong Kong is one of two Special Administrative Regions of the People's Republic of China , the other being Macau. A city-state situated on China's south coast and enclosed by the Pearl River Delta and South China Sea, it is renowned for its expansive skyline and deep natural harbour...
etc., the Group Corporation has made significant achievements in capital scale, economic benefits, business management and system construction, characterized by professionalism, scale operation and optimal allocation of resources.
Trade
International trading is Poly Group's traditionally focused industry and one of its present core businesses with Poly TechnologiesPoly Technologies
The Poly Technologies , a subsidiary of China Poly Group Corporation, is a defense manufacturing company with headquarters in Beijing, China. The company deals with missiles and other military products...
, Inc as its major operating platform, which ranks 63 among the top 500 import & export enterprises of China
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...
published by Ministry of Commerce in 2005. While intensifying its efforts on major business of defense and civilian products trading, Poly Technologies
Poly Technologies
The Poly Technologies , a subsidiary of China Poly Group Corporation, is a defense manufacturing company with headquarters in Beijing, China. The company deals with missiles and other military products...
, Inc, in accordance with the strategy of "parallel focus on both trading and natural resources development", is taking an active part in such resources business as coal-mining, iron ore and crude oil exploration investment. Recently it also collaborates with China Council for the Promotion of International Trade
China Council for the Promotion of International Trade
The China Council for the Promotion of International Trade is a trade body of the Chinese government founded in 1952. It also goes by the name of the China Chamber of International Commerce ....
(CCPIT) in the investment of new China International Exhibition Center. Poly Group is accredited by SASAC as the only central enterprise mainly engaged in defense items trading.
Real Estate
Real Estate is another core business Poly Group has prioritized and devoted to in recent years. So far, tens of billions RMB has been invested, over 13 million sq meters of projects are under construction, while more than 15 million square meters of land are in reserve. At present, two major operating platforms in real estate industry within Poly Group have come into shapre: the domestic platform with Poly Real Estate Group Co.,Ltd playing leading role (to be listed soon), which ascended to top 5 ChinaChina
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...
property developers in 2005 for its valuable brand and comprehensive strength; and the overseas platform with Poly (Hong Kong) Investments Limited as the major entity. Poly Group was the most profitable enterprise in 2005 among all central enterprises primarily engaged in property development.
Culture
Cultural business is an industry Poly Group has been specifically fostering over the past years. Poly Culture & Arts Co., Ltd. acts as its core enterprise. Its business covers theatrical performance, theatre management, antique collection (especially by recovering the Chinese bronze zodiacChinese bronze zodiac
The Haiyantang was the area at Xiyang Lou that included a water clock fountain consisting of 12 bronze Chinese zodiac figures. The animal figurehead sculptures were looted during the destruction of the Old Summer Palace by British and French expeditionary forces during the Qing dynasty Second...
heads looted from the Old Summer Palace
Old Summer Palace
The Old Summer Palace, known in China as Yuan Ming Yuan , and originally called the Imperial Gardens, was a complex of palaces and gardens in Beijing...
from overseas collectors), artworks auction, film & TV program production, film distribution and cinema chains management. It was designated as "cultural industry's role model" by Ministry of Culture.