Traditional Culture Encyclopedia - Tourist attractions - What are the main trust companies in China?
What are the main trust companies in China?
In China, trust companies refer to financial institutions established in accordance with the Company Law of the People's Republic of China and the Measures for the Administration of Trust and Investment Companies, which are mainly engaged in trust business. Trust company is a multilateral credit behavior based on trust entrustment, in the form of management of monetary funds and physical property, which combines financing and integration. Trust business mainly includes two aspects: entrustment and agency. The former means that the owner of the property entrusts his property to others for the benefit of himself or his designee, and requires proper management and favorable operation on his behalf according to a certain purpose; The latter refers to certain economic matters that one party authorizes the other party to handle on its behalf. The earliest was China International Trust in 1981, and later (established in 198s) were Aijian Trust, Northern Trust, Beijing SDIC, Chongqing Trust, Guolian Trust, National Trust, SDIC Trust, Hangzhou Industrial and Commercial Trust, Huachen Trust, China Resources Trust, Huaxin Trust, Huaxin Trust, Kunlun Trust, Ping An Trust, Shandong Trust, Shanghai Trust, Tianjin Trust, Foreign Trade Trust and Xiamen Trust.
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