Is Pacific Insurance a State-owned enterprise?

China Pacific Insurance is a state-owned holding enterprise, also known as an enterprise owned by the whole people. The state owns part of the controlling shares of China Pacific Insurance, but it is not a wholly state-owned enterprise in the true sense.

State-owned enterprises, also called enterprises owned by the whole people, include four aspects. Including wholly state-owned enterprises, that is, enterprises without joint-stock system, but with corporate system and independent operation; There are also state-controlled enterprises, that is, the state has shares; The third is the state-owned relative holding enterprise, that is, the corresponding share ownership; The fourth is a relatively controlled enterprise. In short, these enterprises are all a kind of state-owned enterprises. The state holds part of Pacific Insurance, but it is not a wholly state-owned enterprise in the true sense.

Moreover, we must pay attention to the fact that the assets of state-owned enterprises are owned by the state, that is to say, if Pacific Insurance Company is state-owned, then Pacific Insurance Company belongs to the state, and the money it earns should also be used for national turnover or public welfare undertakings.

In today's increasingly prosperous market economy, many customers will also pay attention to the nature of enterprises when taking out insurance. In view of this, many people often ask whether Pacific Insurance is a state-owned enterprise. I will give a clear answer: Pacific Insurance is a state-owned enterprise with a long history. When it comes to state-owned enterprises, all people can think of are negative words such as arrogance, low work efficiency and bad attitude. But for Pacific insurance companies, these words are not reliable. What Pacific Insurance wants to say is that although it is a state-owned enterprise, it is the heart of private enterprises. Pacific Insurance was established in 199 1, with a very clear purpose, that is, to provide protection for the people's lives and provide professional advice and accurate services for the general public's financial management. Insurance is the bottom line of social life and plays an important role in ensuring social stability. Therefore, the establishment of Pacific insurance must appear in the form of state-owned enterprises. At the beginning of the establishment of Pacific Insurance, China's insurance industry was in its infancy, and China's market economy was still underdeveloped. In order to stabilize employees and do practical things, it must be a state-owned enterprise. However, with the country's continuous promotion of market economy activities, China Pacific Insurance has also carried out internal reforms, removed the bad side of state-owned enterprises and absorbed the management concepts of private enterprises, such as high efficiency, good service and innovation, so that China Pacific Insurance can better adapt to the market economy and provide insurance that can really satisfy and reassure the general public. China Pacific Insurance has removed many colors of state-owned enterprises. Under the guidance of the CBRC, we will vigorously standardize the development of our own industry. It also often visits customers through business, listens to their needs, and improves enterprise management and promotes products around their needs. This is not the behavior of ordinary state-owned enterprises, but the choice that Pacific Insurance must make in the face of domestic and foreign insurance companies, and it is also a necessary change in the social responsibility of Pacific Insurance as a state-owned enterprise.