Brief Introduction of China National Salt Industry Corporation

Established in 1950 and monopolizing the nation’s table salt production and operation, China National Salt Industry Corporation is China’s largest salt producer and seller and it’s the only salt enterprise directly owned by the central government.
As a state-owned central enterprise, China National Salt Industry Corporation commits to China’s table salt monopolization as well as production and operation of salt and salt chemicals. Even since its establishment, China National Salt Industry Corporation has been playing an administrative role for the salt industry and promoting the industry to develop in a sustainable, steady and healthy way. Since the 1990s in particular, it has organized China’s salt industry in carrying out the table salt monopolization policy to ensure the national supplies of iodized salt, making considerable outstanding contributions for fighting the hazard of iodine deficiency in a sustainable way, with remarkable achievements recognized both at home and abroad. At the same time, it has kept pioneering and innovating, accelerating its development speed and trying to become bigger and stronger. By June 2005, China National Salt Industry Corporation has a total assets of RMB10 billion, an 10-million-ton production capacity of various salt products and a 1.4-million-ton table salt wholesale capacity, ranking the first in Asia, along with a more than 500,000 ton production capacity for various salt chemical products, ranking top of the world in terms of metallic sodium production capacity.
With years of high-speed development, China National Salt Industry Corporation has owned 31 wholly-owned and holding subsidiaries, including 9 rock salt enterprises, one lake salt enterprise, 2 sea salt enterprises, 9 salt wholesalers and distributors, 9 research institutions and 8 other enterprises, basically growing into a large-scale group of salt enterprises with a sound resource configuration, optimized structure integrating production, supply, sales, technology, industry and trade.
To promote development of China’s salt industry, optimize resources configurations for salt industry and improve the industry’s business planning efficiency and international/home market competitiveness, after years of preparation and capital operation by China National Salt Industry Corporation, China National Salt Group has been formally established with China Salt Industry Corporation as its parent company. The new group has now 64 enterprises, including 31 provincial salt companies and 33 for-profit and non-profit organizations, with a total assets of RMB24 billion, an annual sales income of RMB14.5 billion and 128,4000 employees, accounting for more than 50% of the nation’s salt outputs.
For the new century, China National Salt Industry Corporation has established the “two-step” development target, with maintaining table salt monopolization as its mission, enabling high-speed development as its focus, boosting economic efficiency as its core, market demands as its orientation, industrial structure upgrade as its main line, integrating the industry resources and accelerating capital operation and expansion as its means and deepening reforms and scientific and technological advances as its driving force, to operate fully in accordance with scientific development views, promote system, mechanism, management and cultural innovations, take an intensive and sustainable development road for the new-type industrialization, and build itself into the world’s first-class salt and salt chemical enterprise with two 3-5 year periods.