Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - Introducing China Minsheng Investment Group

Content image - Phnom Penh Post
View of the Bund and downtown Shanghai - China’s financial center.

Introducing China Minsheng Investment Group

China Minsheng Investment Group (CMIG) is a leading international private investment group founded in Shanghai on 21 August 2014 with registered capital of 50 billion yuan.

The joint establishment of CMIG by 59 renowned private enterprises was initiated by the All-China Federation of Industry and Commerce (ACFIC) and approved by Chinese State Council.

CMIG has identified its strategic direction of 'integration of industry and finance', and is building a sound global industrial financial platform, expanding complementing business in industry and finance.

CMIG's focused areas in industry include new energy, home-based care for the elderly, construction industrialization and general aviation, among others.

CMIG will fully utilize its integrated resources and capital strength to prioritize target industries to carry out strategic investments, build a sustainable and strategic business model, transfer traditional excess capacity to advantageous industries and boost China's economic transition and development.

CMIG is also focused on establishing a full-licensed financial holding group with core operations in traditional businesses such as insurance, banking, leasing and asset management coupled with the innovative business of internet finance.

Committed to the 'Two Pronged Strategy' synergetic development, with a focus on the 'Belt and Road Initiative', CMIG is actively promoting the “integration of industry and finance” and expanding its business at home and overseas.

Through expedited development of global investment and asset management capabilities, CMIG will be able to establish a global industrial-financial platform that leads Chinese private investment and boosts China's economic transition and upgrade.

CMIG has set the goal of becoming a premier world-class investment group.

0

Comments

Please, login or register to post a comment

NEC officials tally votes during a recount last week in Phnom Penh.

Cambodia’s National Election Committee last week rejected 33 of 61 complaints filed over the conduct of June 4’s commune election, according to a s

People search for their names on the voter lists at a polling station in Kampong Cham’s Veal Vong commune earlier this month.

Four years ago, when the opposition snatched Kampong Cham away from the ruling party in 2013 national elections, it hinted at a deeper shift taking