Every country's economic strength is different. Generally speaking, every company will announce its current situation in time. There are many groups in China, some of which may be profitable and some may be losing money, but many people don't know what the strong consortia in China are. So, which is the largest consortium in China? How did the largest consortium in China come into being?

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China merchants group is the largest consortium in China? The establishment of China Merchants can be traced back to 1872, when Li Hongzhang founded China Merchants Steamship, which was also the first steamship transportation enterprise in China's modern history, and was a pioneer of national industry and commerce in China.

Up to now, China Merchants still has 68 ports in 27 countries and regions around the world, and holds the world's largest right to speak in sea areas.

China Merchants is not only the sea area, but also the largest toll road investment operator in China, with a total mileage of expressways that can circle the earth half a circle.

However, such a behemoth looks so low-key that we seldom see it in media reports. In fact, this is because the scale of China Merchants Group is too large, and its subsidiaries are not low-key at all.

the bank has the most well-known China Merchants Bank other than the four major banks. In terms of securities, China Merchants Securities, a domestic head broker, China Merchants Fund, and Shekou, a real estate company, are among the top ten in China.

How did the largest consortium in China come into being

China Merchants Group has a very long history. It was founded by Li Hongzhang, a minister in the late Qing Dynasty, with a history of more than 1 years. It is a real century-old enterprise, so it also has the saying of China Merchants Group. Today's China Merchants Group has already developed into a large multinational enterprise giant spanning multiple business fields.

China Merchants Group has created a number of firsts in domestic commercial circles. China Merchants Bank is the first joint-stock commercial bank in China, and Ping An Insurance is the first joint-stock insurance company in China, including the first merchant fleet and the first bank in China in modern times.

At present, the core business of China Merchants Group is comprehensive transportation, urban and park development and finance. China Merchants Group invests and operates more than 1 container hub ports in China, covering more than 6 ports around the world. The cargo throughput of the Group ranks first in the world, and it also invests and operates highways, bridges and toll roads in 2 provinces in China, with more than 3 large ships and more than 1, freight logistics enterprises.

China Merchants Group's financial business is also excellent, including China Merchants Bank, China Merchants Securities, Bosera Fund, Renhe Insurance, China Merchants Venture Capital, China Merchants Finance and many other enterprises. Among them, Bosera Fund manages assets as high as 1.33 trillion RMB, and China Merchants Capital manages assets of nearly 3 billion RMB.

China Merchants Group has built cities and parks in more than 11 cities around the world, such as China-Belarus Industrial Park, Djibouti International Free Trade Zone, Hambantota Lingang Industrial Park in Sri Lanka, and Saiseta Comprehensive Development Zone in Laos. China Merchants Group is a large-scale representative enterprise of the domestic real economy, involved in shipping, port and highway operation, logistics, equipment manufacturing, freight export, park development and other industries, and the first central enterprise group deserves its name.

conditions for becoming a consortium

if an enterprise wants to become a consortium, it must meet three conditions. One is stability, which can maintain long-term stable development in the market and has certain historical development precipitation; Second, it is groundbreaking and can create a brand-new field with its own ability and maintain its leading position in this field; Third, we must have huge assets and deal with various situations with strong financial resources.

How does a consortium operate

A consortium is a monopoly group controlled by a few financial oligarchs, which usually includes a few large banks, insurance companies and a large number of industrial and mining enterprises, commercial enterprises and transportation enterprises, also known as financial capital groups. Various consortia are active in many economic sectors, and at the same time, they also extend to the superstructure sectors such as culture, education, science, health, publishing and government agencies.

they not only use their own capital, but also mainly use the large amount of other people's capital they control to obtain high monopoly profits.