The three ministerial-level central enterprises are China CITIC Group, China Investment Co., Ltd. and China National Railway Group Co., Ltd.
1. China CITIC Group: Founded in 1979, China CITIC Group is one of the largest comprehensive enterprise groups in China, covering finance, resources and energy, manufacturing, engineering contracting, real estate and other fields. Headquartered in Beijing, the Group is an investment company authorized by China and one of the largest state-owned financial holding groups in China.
2. China Investment Company: China Investment Company was established in 27. It is the national sovereign wealth fund of China. Its main responsibility is to manage and operate China's foreign exchange reserves and make global investments. The establishment of China Investment Company marks China's active participation in the global financial market and the promotion of its opening up.
3. China National Railway Group Co., Ltd.: China National Railway Group Co., Ltd. is the flagship enterprise of China railway industry, mainly responsible for the network operation and management of China railway. Formerly known as China Railway Corporation, the company was officially renamed China National Railway Group Co., Ltd. in 214.
Characteristics of central enterprises:
1. Assets and financial relations are listed separately in the Ministry of Finance: the assets and financial relations of central enterprises are directly listed in the Ministry of Finance and are not affected by local finance.
2. Personnel relations are listed separately in the Ministry of Human Resources and Social Security: the personnel appointment and removal power of central enterprises is in the central government and is not influenced by local personnel departments.
3. Social responsibility: Central enterprises, as state-owned enterprises, bear special responsibilities in the process of national social and economic development and play a role in coordinating all aspects of national economic development.
4. industrial attributes and control subjects: according to their industrial attributes and control subjects, central enterprises can be roughly divided into four categories: industrial central enterprises, financial central enterprises, public service central enterprises and other central enterprises.