
A Zhejiang state-owned trade group offering international trade, financial services, industrial investment, and economic cooperation with a broad global partner network.
ZHEJIANG INTERNATIONAL BUSINESS GROUP WENZHOU CO.,LTD. operates as part of Zhejiang International Trade Group Co., Ltd., a wholly state-owned enterprise established through provincial government investment. Under the supervision of the Zhejiang Provincial State-owned Assets Supervision and Administration Commission, the group undertakes the responsibility of preserving and increasing the value of state-owned assets.
With operations spanning international trade and related services, the group’s export business covers up to 210 categories. Key offerings include light industrial products, medical products, agricultural and sideline products, and mechanical and electrical products, supported by broad and stable cooperation with merchants across 213 countries and regions.
The group has an extensive subsidiary network, including 20 subsidiaries (including substantially controlled companies) and state-owned asset coverage across more than 163 companies at various levels. It also owns a listed company, Zhejiang Oriental Group Limited by Share Ltd. By the end of 2010, the group employed more than 14,000 people.
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The group’s major subsidiaries are established players in Zhejiang’s foreign trade sector, with multiple operating companies positioned at the forefront of local industry rankings.