according to the recent news from the Discipline Inspection Commission of China Railway Engineering Group and the Xishuangbanna State Supervision Committee; The Yunnan Provincial Supervisory Committee has designated the Xishuangbanna Prefecture Supervisory Committee to be under its jurisdiction, and the Xishuangbanna Prefecture Supervisory Committee has designated the Menghai County Supervisory Committee to be under its jurisdiction, and is under the supervision and investigation of the Menghai County Supervisory Committee.
China Railway Development Investment Group Co., Ltd. (Hereinafter referred to as China Railway Development Investment) is a wholly-owned subsidiary exclusively initiated by China Railway in Kunming, Yunnan Province, covering many provinces (now a wholly-owned subsidiary of China Railway Cloud Investment). It was established in December 2011 with a registered capital of 5 billion yuan. On behalf of China Railway, it is responsible for the integrated management of investment, construction and operation of various infrastructure and urban construction projects in Yunnan, Guizhou, Chongqing and Hubei, as well as in South Asia and Southeast Asia, and the management of major general contracting projects. At present, the total investment scale of the company's management projects is about 540 billion yuan.
China Railway Group Limited, headquartered in Beijing, China, is a super-large enterprise group integrating survey and design, construction and installation, industrial manufacturing, real estate development, resource utilization, financial investment and other emerging businesses. As one of the largest construction contractors in the world, China Railway has entered the world's top 500 enterprises for 19 consecutive years, ranking 35th in the Fortune 500 in 2024.
China Railway has a history of more than 100 years. In March 1950, it became the General Administration of Engineering and the General Administration of Design of the Ministry of Railways of China, and later changed to the General Administration of Capital Construction of the Ministry of Railways. In July 1989, with the approval of the State Council, the General Administration of Capital Construction was abolished and the China Railway Engineering Corporation was established. In September 2000, it was separated from the Ministry of Railways and transferred to the Central Working Committee for Large Enterprises as a whole. In May 2003, the SASAC of the State Council performed the functions of investor. On September 12, 2007, China Railway Engineering Corporation exclusively initiated the establishment of China Railway Group Limited, which was listed on the Shanghai Stock Exchange and the Hong Kong Stock Exchange on December 3 and 7, 2007, respectively. In December 2017, it was restructured from an enterprise owned by the whole people to a wholly state-owned company and renamed China Railway Engineering Group Co., Ltd.
China Railway has the special grade qualification for general contracting of railway engineering construction, the special grade qualification for general contracting of highway engineering construction, the first grade qualification for general contracting of municipal public works construction, the first grade qualification for professional contracting of bridge engineering, tunnel engineering, highway subgrade and pavement engineering, and the first grade design qualification for highway industry approved by the Ministry of Housing and Urban-Rural Development of China. It has the qualification certificate of foreign economic cooperation of the People's Republic of China and the qualification certificate of import and export enterprises. China Railway has participated in the construction of more than two-thirds of China's total railway mileage, 90% of China's electrified railways, one-eighth of China's total expressway mileage and three-fifths of China's urban rail projects.
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