China National Chemical Supply and Sales(Group) Corporation (China Chem Group), which was established in 1956, operated into the market in 1987, received the right of importation and exportation from the government in 1994, is a state-owned mainstay distributor. approved by State Economic and Trade Committee. By the end of the year 2003, it has enjoyed a state ownership right of RMB 93,700,000, a total asset of RMB 2,461,000,000, a working staff of 1100.
With the economic globalization and after China’s joining in the World Trade Organization, China Chem Group will make full use of self advantages and take the challenge of globalized competition with new pose and develop towards the direction of becoming a large enterprises group with trans-regional, industry, ownership system and multi-national business.