PCSIC Introduction

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PCSIC Introduction

Nature: The State-owned Investment Corporation Committee is established with the approval of the Investment Association of China and government department in charge. The Committee is a professional organization participated in, at their free will, by investment enterprises founded by either central government or local government capital or by investment enterprises authorized to involve in the operation of state-owned capital. The Committee carries out its tasks independently within the authorized scope in accordance with the regulations of the Association.

Tenet: Adheres to the basic line of “one central task, two basic points” of the Communist Party of China, and actively promotes investment system reform and establishment of modern corporate system in accordance with requirements of the socialist market economy system; brings into play its role of being a bridge and linkage between the government and investment enterprises, carries out theoretical discussions, experience exchanges and economic cooperation among members as well as between the members and their foreign counterparts, and serves members with ardor; and perfects all functions of government investment enterprises and self-discipline construction, achieves efficient operation of state-owned capital, promotes readjustment of economic structure and makes contribution to development of the national economy.

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