China is the country that owns every panda in the world. The giant panda is a native species of China and is considered a national treasure. China has implemented strict regulations and conservation efforts to protect the giant pandas and their habitats. As part of their conservation program, China owns and manages all pandas in captivity, both within the country and in zoos around the world. China frequently engages in panda diplomacy by lending pandas to other countries as a symbol of friendship and goodwill, but ownership and management remain with China.