China Resources Holdings Company Limited, or simply China Resources, is a Chinese state-owned conglomerate that owns a variety of businesses in Hong Kong and Mainland China. Some of its subsidiaries use the name in the form of the initialism CRC. In 2024, China Resources ranked 60th on the World's 500 Most Influential Brands List by World Brand Lab.[2] In 2025, China Resources Group ranks 67th in the Fortune Global 500.[3]
History
The company started as Liow & Company in Hong Kong in 1938. Its original purpose was to raise funds and purchase supplies and equipment for the Eighth Route Army and later People's Liberation Army, then engaged in the Chinese Civil War.[4] It was renamed as China Resources Corporation in 1948. In 1952, instead of being affiliated to the General Office of the CPC Central Committee, it came under the Central Trade Department (now known as the