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

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.

MOST VIEWED

  • US think tank warns of China's 'ulterior motives'

    A US think tank on Tuesday warned that spreading Chinese investment in the Indo-Pacific follows a pattern of leveraging geopolitical influence at the expense of the nations receiving investment, including Cambodia. The report looks at a sample of 15 Chinese port development projects, noting that the

  • More than three tonnes of ivory reportedly bound for Cambodia seized in Mozambique

    A total of 3.5 tonnes of ivory reportedly bound for Cambodia was seized by authorities in Mozambique late last week, according to the NGO Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES). CITES' information was based on a report from the

  • Defence Ministry denies weapons in smuggling case came from Cambodia

    After a Thai national was arrested last week for allegedly smuggling guns from Cambodia to Thailand, Cambodia's Defence Ministry has claimed the weapons seized during the arrest are not used in Cambodia, despite the fact that both types of rifle seized are commonly found in

  • Shipwreck found off coast of Koh Kong

    Royal Cambodian Navy researchers are working to identify a decades-old shipwreck found earlier this month off the coast of Koh Kong province. Divers found the 70-metre-long wreck on April 4 about a mile from Koh Chhlam island, according to Navy officials. Deputy Navy Commander Tea Sokha,