China State Construction Engg. Corp. Ltd.(‘China Construction’ in short) , formally established on December 10, 2007,was co-initiated by four top-500-global member enterprises: China State Construction Engineering Corp.(CSCEC), China National Petroleum Corporation (CNPC),Baosteel group corp.ltd. andSinochem Corporation.
China Construction, inherited all the choice assets and culture of China State Construction Engineering Corp.(CSCEC), makes itself so far the most competitive building enterprise group in China, with a business scope ranging from housing construction, international building contracting to real estate development and investment, infrastructure construction and investment, prospecting and designing etc.
Founded in 1982, CSCEC has been a backbone enterprise directly under the management of the central government. Starting as its core businesses of housing construction, international building contracting, property development, infrastructure construction and municipal survey and design, CSCEC has finally grown up the largest building and real estate enterprise in China, as well as the top international contractor in China. CSCEC is an enterprise expanding itself without mass capital and sources from the government, but only through competition. And it is the only building enterprise holding three highest class qualification certificates in China.
China Construction” is the largest comprehensive building enterprise and the top international contractor in China, and one of the 5 most-appreciated companies in China for the year of 2007, as appraised by the Fortune Magazine. For 3 consecutive years, it has been commented by the State-owned Assets Administration Committee as a “Class-A Central State-owned Enterprise” in respect of yearly achievements, “the most reliable enterprise”, “the excellent-image enterprise” and one of the nine model enterprises. Up to 2006, CSCEC had won 51 national-level prizes, 617 province-level prizes, 112 Luban prizes which is the highest prize in China’s Building Sector, and 115 participation prizes for Luban-prize projects.
For the year of 2007, “China Construction” is one of the 32 top-500-global enterprises in China, which were selected the world most famous brands; “China Overseas” is one of the blue chips for Hong Kong Hangsheng Index, with a market value of 124.9 billion Hong Kong dollars closing priced on December 31,2007. It is also the largest state-owned public real estate company in Hong Kong in terms of market value, and it has been consecutively appraised as No.1 Real Estate Company in China for three years for its integrated strength, and for many times won the golden medal in China’s real estate sector as a leading brand.
Every year, we create about 800,000 jobs to the society, thus bring well-off families to about 2.5 million people; among these people about 20000 are working for overseas projects of China Construction. In the meantime, China Construction actively gives donations to the poor areas like Ningxia, Xingjiang, to the areas hit by natural calamity, making great contribution to the construction of a harmonious society.
Tenet: to serve the society, to benefit humanity, to build our country and to benefit our employees;
The core tenet: We seek a maximum profit by fair and square;
Spirit: Always make the best products, and always do it better;
Business code: Face the competitions, take the opportunities and operate in a solid way;
Value judgment: A best brand is based on quality, and only the best recognized worldwide;
Environment view: A green environment is essential to the sustainable development of construction;
Safety code: Quality is the life of an enterprise, and this life is secured by safety only;
To compete in a low cost, and to manage in a high quality;
To expand in a low cost, and to market in a high quality;
To win main contracts with best brands of excellent projects; with consulting services; with construction technology supports; and with mutual benefits and win-win cooperation.
In both domestic and international building markets,“China Construction” has made itself one of the largest and best contractors in terms of scope, expansion, impression, highlights, brands, benefits and competitiveness
The Party and government leaders attach great importance to“China Construction”. Mao Zedong, Deng Xiaoping, Jiang Zemin and Hu Jingtao had all inspected projects constructed by CSCEC and also met with its staff. On Feb.6, 2007, when Chairman Hu Jingtao met with CSCEC staff during his visit to the Africa, he said:“you are representing not only your company, but also China.”