The second batch of centrally managed financial enterprises, centrally managed enterprises and centrally managed universities include agencies at all levels below the provincial level and their directly affiliated units and grassroots organizations
Introduction to centrally managed financial enterprises:
< p>Central financial enterprises refer to financial enterprises that are solely state-owned, state-controlled and actually controlled by the state, and are performed by the State Council and its authorized agencies on behalf of the state as state-owned financial capital contributors. As of January 6, 2022, according to the directory of central financial enterprises released by the Ministry of Finance, there are 27 central financial enterprises in the country.Central financial enterprises are independent legal persons such as state-owned financial institutions that independently perform their duties in accordance with the law and are supervised by the Ministry of Finance, the People's Bank of China, the China Banking and Insurance Regulatory Commission, and the China Securities Regulatory Commission under the leadership of the State Council. Units that need to obtain a financial business license granted by the financial regulatory department to perform business, including state-owned policy banks, state-owned commercial banks, trust investment companies, and financial asset management companies that need to obtain a banking license to practice business , financial leasing companies and some financial companies, etc.; securities companies, futures companies, fund management companies, etc. that need to obtain a securities business license to practice; various insurance companies that need to obtain an insurance business license to practice, etc.
Central Huijin Investment Co., Ltd. (hereinafter referred to as Central Huijin), authorized by the State Council, makes equity investments in key state-owned financial enterprises, and exercises investor rights and rights on behalf of the state in key state-owned financial enterprises in accordance with the law, up to the amount of capital contribution. Fulfill investor obligations and maintain and increase the value of state-owned financial assets.
Central Huijin does not carry out any other commercial operations and does not interfere with the daily operating activities of key state-owned financial enterprises it controls. China Investment Corporation (CIC) holds equity in Central Huijin in accordance with the requirements of the State Council. There is a strict separation between CIC's investment business and Central Huijin's performance of shareholder functions on behalf of the state.
As of January 6, 2022, according to the directory of central financial enterprises released by the Ministry of Finance, there are 27 central financial enterprises in the country.