What company did Li Hung-chang start that has stood for 100 years and is now a Fortune 500 giant?

? ? This company is the Ship Merchants Bureau, which was founded by Li Hongzhang during the foreign affairs movement. After more than 100 years of evolutionary development, it has now become China Merchants Bank, properly a Fortune 500 company. In the late Qing Dynasty, the Qing Dynasty was weak and incompetent. In order to save the dying Qing government. Li Hongzhang and others to support the foreign affairs movement. Called out the slogan of mastering the skills of the barbarians to control the barbarians, decided to learn the advanced technology and knowledge of the West. Not only called out the slogan. Li Hongzhang also paid the practice, which founded the Ship Merchants Bureau.

Ship Merchants Bureau appeared to break the monopoly of foreign powers on domestic waterways. This caused a great sensation at that time. There is also a great role in encouraging, many national enterprises also came into being. The founding of the Ship Merchants Bureau is undoubtedly very successful, at least to a certain extent, to combat the arrogance of the powers, so that the people of the country to see the progress of the country.

The Ship Merchants Bureau has been influencing the development of China's economy since the day it was founded. For the development of China's economy has injected a lot of vitality, may Li Hongzhang himself did not expect, in their own founding of many enterprises, there is actually a business is still in existence. Ship Merchants in 1987 by the state approved to become a joint-stock bank, that is, China Merchants Bank. That means the predecessor of China Merchants Bank was the Ship Merchants Bureau.

Now China Merchants Bank than its predecessor Ship China Merchants is a lot stronger, has become one of the world's top 500 enterprises member, ranked 39th of the world's top 500 enterprises in 2017. If the old Mr. Li Hongzhang knows such a situation, I am afraid that he will also feel gratified.