Is the city investment company a state-owned enterprise or a public institution

The company is a state-owned enterprise.

According to enterprise inquiries, City Investment Company is the abbreviation of Urban Construction Investment Company, and it is the investment and financing platform of major cities in China. Such units are generally the leading enterprises in the local state-owned assets system, enjoying the franchise rights of some industries and having a certain monopoly position.

City Investment Company originated from 199 1, when China began to reform its urban economic system. Through market-oriented operation, the city investment company raises funds for local governments and promotes urban infrastructure construction. As a state-owned enterprise, City Investment Company has made positive contributions to the sustainable development of the city.