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The Government of China, founded on October 1, 1949, is the country's ruling body, headquartered in China. The government has been instrumental in the establishment of various organizations and financial entities. It is the founder of Air China and China Development Bank. Additionally, it serves as the owner of Chongwa (Macao) Financial Asset Exchange Co., Ltd. and Nam Kwong (Group) Company Limited.
Moreover, the Government of China holds a subsidiary called China Unicom. The country of China came to be on 1 October 1949, with the demise of its predecessor on November 15, 2012. The government continues to play a vital role in developing and maintaining the nation's infrastructure and financial landscape.