1, CITIC Group
CITIC Group, founded in 1979, is a well-known collective enterprise in China. Later, the equity of CITIC Group was changed, which was directly funded by the Ministry of Finance and renamed as China CITIC Group Co., Ltd. For CITIC Group, perhaps the first reaction of most people was CITIC Bank. Yes, CITIC Bank is indeed a leader in the banking industry in China, with a good reputation and performance and considerable popularity.
In addition to banking, CITIC Group also has outstanding performance in the field of financial securities. CITIC Securities, which it represents, is also the leader of our peers in this field. In 20021year, it achieved outstanding results and made great contributions to CITIC Group's ranking among the top 500.
This makes CITIC Group involved in a huge and extremely perfect service chain. So at 202 1, it can rank among the top 500 in the world, ranking 1 15. So now CITIC Group is a central enterprise directly controlled by the Ministry of Finance and one of the three ministerial-level central enterprises, with a very high status.
2. commander-in-chief
CIC is the abbreviation of China Investment Corporation, which was formally established on September 22, 2007. In the early days of the establishment of CIC, its main source of funds was obtained through the issuance of government bonds by the Ministry of Finance, supported by social funds, and enriched the strength of CIC.
202 1 This year, CIC did not rank among the top 500 companies in the world, but it also had considerable strength. And CIC itself has very important value.
CIC controls four major state-owned banks, including China Industrial and Commercial Bank, China Agricultural Bank, China Bank and China Construction Bank. It plays a mainstay role in the development of China's banking industry, which is related to all aspects of the national economy, people's livelihood and economic lifeline. In addition to the banking industry, CIC also owns the controlling shares of two other insurance companies, which shows the strong strength of CIC.
CIC also has a unique investment operation concept. Its goal is to maintain and increase the value of the country's foreign exchange reserves and diversify investment, and to maximize the interests of shareholders within the controllable risk. As an investment company, CIC has not only achieved global investment coverage, but also invested in many assets that have played an important and positive role in the development of China.
Finally, CIC not only played an important role in promoting China's economic development, but also allowed the world to enjoy the dividend of China's development and provided the world with an extremely stable capital chain. Therefore, CIC, as three ministerial-level central enterprises, is worthy of the name.
3. China Railway Group
Speaking of China Railway Group, I believe everyone is familiar with it. The high-speed rail and trains in our daily life are managed and controlled by the state through China Railway Group. Therefore, there is no doubt that China Railway is one of the three ministerial-level central enterprises.
It is precisely because the status of China Railway Group is very important that even if 202 1 is not among the top 500 in the world, it is related to all aspects of daily travel, and it is reasonable to give it to the ministerial level.
Relevant introduction of central enterprises
After years of continuous restructuring and integration, there are 128 central enterprises in China. According to the property rights and control subjects, central enterprises can be roughly divided into three categories. Industrial central enterprises, financial central enterprises and central enterprises managed by other departments. The State-owned Assets Supervision and Administration Commission (SASAC) of the State Council mainly performs the investor's duties on behalf of SASAAC, which is generally called the central enterprise.
Central enterprises have three main characteristics. First, the financial relationship of assets is listed separately in the Ministry of Finance. Second, personnel relations are listed separately in Ministry of Human Resources and Social Security, and third, business is listed separately in the national plan. In the mid-1990s, the operation of state-owned enterprises was bleak, and more than two thirds of them were at a loss. Starting from 1997, in order to extricate state-owned enterprises from difficulties in three years, the state not only requires reform in the field of state-owned enterprises, but also introduces a number of supporting measures to shed burdens for state-owned enterprises.
The above contents refer to Baidu Encyclopedia-CITIC Group Baidu Encyclopedia-China Investment Co., Ltd.