Does the financing guarantee company belong to the investment and financing industry?

There is no clear authoritative definition of which industry a financing guarantee company belongs to. Opinions vary, financial industry, quasi-financial industry, intermediary service industry. However, the Interim Measures for the Administration of Financing Guarantee Companies promulgated by seven ministries and commissions clearly stipulates that financing guarantee companies can not only operate the stipulated financing guarantee business, but also make a certain proportion of investment. Article 29 A financing guarantee company's investment in its own funds is limited to fixed-income financial products with high credit rating, such as treasury bonds, financial bonds and debt financing instruments for large enterprises, and other investments with no conflict of interest and a total amount not higher than 20% of its net assets. So it should be regarded as an investment and financing industry.