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Is China Resources a state-owned enterprise or a private enterprise?
CR Vanguard is an excellent retail chain enterprise brand under China Resources (Group) Co., Ltd., a state-owned holding enterprise group directly under the central government, and also one of the largest retail chain enterprise brands in China. As of February 2008, CR Vanguard has 2,698 stores and more than 65,438 employees. In 2008, it achieved sales of 63.8 billion yuan, ranking first among supermarket chains in China.