Project introduction: China Resources (Group) Co., Ltd. (hereinafter referred to as China Resources or China Resources Group), founded in 1938, was formerly an underground transportation station established by the Communist Party of China in Hong Kong for the Anti Japanese War. In 1948, it was reorganized and renamed as China Resources Corporation. In 1952, its subordination changed from the General Office of the CPC Central Committee to the Ministry of Trade of the Central Committee (now the Ministry of Commerce). In 1983, China Resources (Group) Co., Ltd. was reorganized and established. In December 1999, it was delinked from the Ministry of Foreign Trade and Economic Cooperation (MOFTEC) and placed under central management. In 2003, it was a central enterprise under the leadership of the State owned Assets Supervision and Administration Commission of the State Council. Its main businesses include consumer goods manufacturing and distribution, real estate and related industries, infrastructure and utilities. It has 17 primary profit centers and 6 listed companies in Hong Kong.