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The China Railway Engineering Corporation (CRECG) is a state-owned holding company of China, which is under the supervision of the
State Council State Council may refer to: Government * State Council of the Republic of Korea, the national cabinet of South Korea, headed by the President * State Council of the People's Republic of China, the national cabinet and chief administrative auth ...
. The company is the major shareholder of China Railway Group Limited (CREC), its subsidiary.


History

The history of the company could be traced back to 1950 which two bureaus of the Ministry of Railways were formed ( and ). In 1958, the design bureau and the construction bureau were merged to form the General Bureau of Capital Construction of the Ministry of Railways (). From 1950 to 1990, the General Bureau was a government agency for many railway construction as well as highway bridge. A subsidiary of the General Bureau, The Major Bridge Engineering Bureau, now was said to construct over 1,000 bridges from 1953 to 2009. In 1989, the Ministry of Railways decided to form China Railway Engineering Corporation (; CRECG) as well as fellow competitor
China Railway Construction Corporation China Railway Construction Corporation Limited (abbreviated CRCC) is a listed construction enterprise based in Beijing, China, that was the second largest construction and engineering company in the world by revenue in 2014. The limited compan ...
(CRCCG) as subsidiaries. CRECG was formally registered on 7 March 1990. In 2000, they were transferred from the ministry to "Central Large Enterprise Work Commission" of the
Communist Party of China The Chinese Communist Party (CCP), officially the Communist Party of China (CPC), is the founding and sole ruling party of the People's Republic of China (PRC). Under the leadership of Mao Zedong, the CCP emerged victorious in the Chinese Civil ...
. In 2003, they were under supervision of State-owned Assets Supervision and Administration Commission (SASAC), a commission of the
State Council State Council may refer to: Government * State Council of the Republic of Korea, the national cabinet of South Korea, headed by the President * State Council of the People's Republic of China, the national cabinet and chief administrative auth ...
. Since then, they became competitors despite both being state-owned. Numbers of former subsidiary of CRECG were now belongs to CRCCG, such as . In 2007, a
limited company In a limited company, the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by shares or by guarantee. In a company limited by shares, the lia ...
was incorporated ( China Railway Group Limited), CRECG transferred most of their assets to the subsidiary. In 2008, the subsidiary became a publicly traded company which floats in
Shanghai Shanghai (; , , Standard Mandarin pronunciation: ) is one of the four direct-administered municipalities of the People's Republic of China (PRC). The city is located on the southern estuary of the Yangtze River, with the Huangpu River flowin ...
and Hong Kong Stock Exchange.


Projects

*
Cambodia Cambodia (; also Kampuchea ; km, កម្ពុជា, UNGEGN: ), officially the Kingdom of Cambodia, is a country located in the southern portion of the Indochinese Peninsula in Southeast Asia, spanning an area of , bordered by Thailan ...
CRECG with Ministry of Public Works and Transport constructed the Siem Reap - Phnom Penh - Doun Kaev -
Kampot Kampot may refer to: *Kampot (city), a city in southern Cambodia *Kampot, an alternative spelling of the Slavic drink Kompot *Kampot Province, province of Cambodia * Kampot Municipality, a municipality in Cambodia * Kampot Airport, an airport in Ca ...
High Speed Railway. *
Jordan Jordan ( ar, الأردن; tr. ' ), officially the Hashemite Kingdom of Jordan,; tr. ' is a country in Western Asia. It is situated at the crossroads of Asia, Africa, and Europe, within the Levant region, on the East Bank of the Jordan Rive ...
China Railway Engineering Corporation with Ministry of Transport of Jordan constructed the
Amman Metro Amman (; ar, عَمَّان, ' ; Ammonite: 𐤓𐤁𐤕 𐤏𐤌𐤍 ''Rabat ʻAmān'') is the capital and largest city of Jordan, and the country's economic, political, and cultural center. With a population of 4,061,150 as of 2021, Amman i ...
.


References


External links

* (currently redirect to the official website of China Railway Group Limited, the subsidiary) {{authority control Government-owned companies of China Chinese companies established in 1958 Holding companies established in 2007 Chinese companies established in 2007 Chinese companies established in 1990