China Merchants Group (CMG) is one of China's centrally administrated state-owned enterprises and a key section of the backbone of the national economy. Founded and headquartered in Hong Kong, it was one of the earliest Chinese-funded enterprises to operate there. CMG is a century-old comprehensive and Hong Kong-based central enterprise. CMG is a comprehensive enterprise with diverse business operations, currently primary focus on four sectors: transportation and logistics, comprehensive finance, comprehensive development of cities and parks, and strategic emerging industries.