Is PICC P&C a state-owned enterprise or a central enterprise?
According to Aiqi's investigation, state-owned enterprises refer to wholly state-owned enterprises, wholly state-owned companies and state-owned capital holding companies that the State Council and local people's governments perform the investor's duties on behalf of the country respectively, while central enterprises refer to the central people's government (the State Council) or the state-owned assets supervision and administration institutions entrusted to perform the investor's duties. The leading group is a wholly state-owned or state-controlled enterprise directly managed by the Central Committee or entrusted by the Central Organization Department, SASAC of the State Council or other central ministries (associations), while China People's Property Insurance Co., Ltd., which was established on July 7, 2003, is 68.98 185% owned by China People's Insurance Group Co., Ltd. and China People's Insurance Group Co., Ltd. is a state-owned enterprise, but it is not supervised or entrusted by the Central People's Government (the State Council).