Speaking of the name of the urban investment company, it is estimated that many people are familiar with it, but they are not very familiar with it, what the urban investment company does, what kind of company it is, has always been covered with a veil of mystery, so that the public has a sense of curiosity about it.
Before I retired, I worked in Chongqing, and the group I worked for at that time was also one of the eight major investment group companies in Chongqing, and among the eight major investment groups in Chongqing was the Chengtou Group. Since one of my classmates who was a graduate student at the time was transferred from the director of the government office of a district in Chongqing to the director of the office of the Chengtou Group around 2001, I learned more about the group.
Later, because the Eighth National Investment Committee regularly participated in some meetings held by the municipal government and relevant departments, I got to know each other through contact with friends of Chengtou Group, which gave me a deeper understanding of Chengtou Group. Chengtou can literally be seen as a company that invests in urban construction.
The full name of the urban investment company is the urban construction investment company, most of the provincial and municipal urban investment companies are called urban investment groups, and most of the county-level urban investment companies are called urban investment companies, which are important platforms for investment and financing of governments at all levels in the city. It originated in 1991 and aims to promote urban infrastructure construction and economic development by integrating urban resources and optimizing the investment structure. The city investment company not only undertakes the important task of urban construction, but also plays a special role as a market operator as a bridge between the government and the market.
In terms of nature, most of the urban investment companies belong to public institutions or wholly state-owned companies, and they have a certain degree of public welfare and service. Since most of the state-owned assets it operates involve urban infrastructure and livelihood projects, the main purpose of the operation of urban investment companies is not to make profits, but to achieve economic balance through government subsidies and other means. This special business model allows urban investment companies to play an indispensable role in promoting urban construction and improving people's livelihood and well-being.
Although the company has important government functions, its chairman and general manager are not part of the civil service of the state. They are senior executives of state-owned enterprises appointed by local governments, often transferred from party and government organs, such as deputy directors of government offices and deputy directors of urban construction bureaus. After being transferred to a key position in an urban investment company, they will give up their original status as civil servants and become senior executives of state-owned enterprises. Therefore, from the perspective of identity, the chairman and general manager of the urban investment company do not belong to the civil service sequence.
However, this does not mean that the chairman and general manager of the urban investment company are free from the system. According to the Supervision Law of the People's Republic of China, as managers of state-owned enterprises, they are still subject to the supervision and management of the supervision department. In terms of responsibilities, they are responsible for the company's overall operations and major decisions, including formulating the company's development strategy, managing daily operations, and coordinating internal and external relationships. Therefore, although they are not civil servants in their status, the chairman and general manager of the urban investment company still have a certain administrative nature in terms of duties and powers.
As for the general manager of the urban investment company, he is similar to the chairman, and is also a senior executive of a state-owned enterprise appointed by the local government, rather than a civil servant. They hold key positions in the company and are responsible for the day-to-day operations and management of the company. Unlike the chairman, the general manager focuses more on the company's specific business execution and internal management to ensure the efficient and smooth operation of the company.
To sum up, as an important force in urban construction and development, urban investment companies play an important role in promoting urban infrastructure construction and improving people's livelihood and well-being. Although its chairman and general manager do not belong to the civil service sequence, as senior executives of state-owned enterprises, they still bear important responsibilities and missions, and contribute their own strength to the prosperity and development of the city. At the same time, they are also subject to the supervision and management of the supervision department and relevant government departments to ensure that the company's operations comply with the requirements of laws, regulations and policies.