Legal analysis: the city investment company is managed by the industrial and commercial department. City Investment Company is the abbreviation of Urban Construction Investment Company, and it is the financing platform for government investment in major cities in China. Originated from 199 1, it is a special market operator who undertakes corresponding government functions. They make profits through government subsidies, belong to a special market operator and have the nature of government. Responsible for the registration, supervision and management of various enterprises, farmers' professional cooperatives, units and individuals engaged in business activities, and resident representative offices of foreign (regional) enterprises, and bear the responsibility of investigating and banning unlicensed operations according to law, so the city investment company is managed by the industrial and commercial department.
Legal basis: Article 27 of the Constitution of People's Republic of China (PRC). All state organs practice the principle of streamlining, the responsibility system for work and the system of training and assessment of staff, constantly improve the quality and efficiency of work and oppose bureaucracy. All state organs and functionaries must rely on the support of the people, always keep close contact with them, listen to their opinions and suggestions, accept their supervision and strive to serve them. When taking office, state functionaries shall take the constitutional oath in public according to law.