1. In recent years, many local governments have adopted the mode of China Investment Corporation, in which the people's government directly invests and holds shares and establishes wholly state-owned investment companies, so that the investment companies have the same level as the subordinate departments of the government.
2. Xizang Autonomous Region Investment Co., Ltd. was formally established on August 5, 2008. Is approved by the people's Government of Xizang Autonomous Region, funded by the Department of Finance of Xizang Autonomous Region, a wholly state-owned enterprise. Xizang Autonomous Region Investment Co., Ltd. is a newly established state-owned investment company with independent legal personality based on the restructuring of the former Xizang Autonomous Region Trust and Investment Company, with a registered capital of 600 million yuan.
3. Therefore, Xizang Autonomous Region Investment Co., Ltd. is at the main hall level (at the same level as the Provincial Department of Education and the Finance Department).