Is China Ping An Insurance Company private or state-owned?

It is a private enterprise! There are different views on the concept of private enterprises in economics. One view is that private enterprises are legal person economic entities with private investment, private operation, private enjoyment of investment income and private undertaking of business risks. Another view is that relatively state-owned enterprises can be divided into state-owned private enterprises and private private enterprises according to different forms of ownership. The property rights of state-owned private enterprises belong to the state, and the lessee shall, in accordance with the requirements of the market economy, raise funds by itself, operate independently, be responsible for its own profits and losses and bear its own risks. Private enterprises refer to individual enterprises and private enterprises. There is also a view that it should be defined by the source and composition of capital of enterprises. If the capital of an enterprise takes private assets (including funds, movable property and real estate) as the investment subject, it can be called "private enterprise". "Private" is a word with China characteristics. Private assets in a narrow sense refer to the private property of China citizens, excluding state-owned assets and foreign assets (assets owned by overseas owners). Therefore, private enterprises refer to all enterprises except state-owned enterprises, state-owned assets holding enterprises and foreign-invested enterprises in China, including sole proprietorships, partnerships, limited liability companies and joint stock limited companies. From the perspective of enterprise's operational control, it means limited liability companies and joint stock limited companies with a small amount of state-owned assets and/or foreign-invested assets but no operational control, which can also be called "private enterprises". In a broad sense, the definition of private enterprises in China is only relative to state-owned enterprises, but it is compatible with any non-state-owned enterprises, including state-owned and holding enterprises. So the concept of private enterprises can be summarized as follows: all non-state-owned enterprises are private enterprises. "Private enterprises" in a narrow sense only refers to private enterprises and joint ventures with private enterprises as the main body. Due to historical reasons, the concept of "private enterprise" is not easy to get rid of discrimination. Investors, operators, employees and social workers who are interested in promoting the development of private enterprises tend to use the neutral name "private enterprise", which makes "private enterprise" another name for private enterprises in many cases, and this paper also agrees with this statement. The definition of private enterprises in this paper mainly lies in its narrow sense. All non-public enterprises are collectively referred to as private enterprises. In the Company Law, enterprises are classified according to the form of capital organization, mainly including: wholly state-owned, state-holding companies, limited liability companies, joint stock limited companies, partnerships and sole proprietorship enterprises. According to the above definition of the connotation of private enterprises, except state-owned enterprises and state-controlled enterprises, as long as there is no state-owned capital, other types of enterprises are private enterprises. Privatization does not mean privatization, nor does privatization mean privatization. At present, some foreign scholars equate privatization with privatization, which is wrong. We can distinguish them clearly according to their different connotations and extensions. Private economy refers to the economic component with the relationship of employment and labor, that is, private enterprises with capitalist nature. Legally speaking, private enterprises refer to profit-making economic organizations established or controlled by natural persons and based on wage labor. Private economy is a non-public economy. The reality includes three parts: individual economy, private economy and foreign capital economy. Private or private economy is not a concept of ownership. From the management level, it refers to the economy with the people as the main body of operation. The corresponding concept of private or private economy can only be state-owned or government-run. Therefore, as long as it is not a state-owned or government-run economy, it is a private or private economy. In the private economy, it includes not only all private ownership economies, but also other public ownership economies besides the state-owned economy, such as township enterprises, cooperative economy, community ownership economy, association ownership economy and foundation ownership economy. Therefore, the two are completely different. Privatization is based on operating mechanism, and privatization is based on property rights. The latter is protected by relevant laws. The former is just an academic theory. Although it is often said in practice, the industrial and commercial departments do not have the statistical caliber of privatization. It's just that the Science and Technology Department has statistics on private technology enterprises. The state has only recently issued relevant policy protection and normative documents. Historically, the concept of private operation will disappear in the future, and it has no legal status unless it is established in the future and given a stricter legal status. Because of this, our country is now very confused and vague on this issue. "Private enterprises" in a narrow sense only refers to private enterprises and joint ventures with private enterprises as the main body. Due to historical reasons, the concept of "private enterprise" is not easy to get rid of discrimination. Investors, operators, employees and social workers who are interested in promoting the development of private enterprises tend to use the neutral name "private enterprise", which makes "private enterprise" another name for private enterprises in many cases, and this paper also agrees with this statement. The definition of private enterprises in this paper mainly lies in its narrow sense. "Private" is a word with China characteristics, which was produced in the process of economic system reform in China and was once very popular. However, the reality is ironic. Private enterprises with popular concepts have no corresponding legal status. China has successively enacted the People's Republic of China (PRC) Company Law, the People's Republic of China (PRC) Sole proprietorship Enterprise Law and the People's Republic of China (PRC) Partnership Enterprise Law. These laws have made specific legal provisions for the corresponding enterprises in all aspects, basically covering all types of enterprises in China at this stage, but there are no "private enterprises". What is a private enterprise? All non-public enterprises are collectively referred to as private enterprises. In the Company Law, enterprises are classified according to their forms of capital organization, mainly including: wholly state-owned, state-holding companies, limited liability companies, joint stock limited companies (also divided into listed companies and unlisted companies), partnerships and sole proprietorship enterprises. According to the above definition of the connotation of private enterprises, except state-owned enterprises and state-controlled enterprises, all other enterprises are private enterprises as long as they have no state-owned capital. The difference between private enterprises and private enterprises is the management right, which introduces the management mechanism of private individuals, private enterprises and cooperative enterprises into state-owned or private enterprises; Private enterprises refer to small-scale and low-tech enterprises scattered in towns and villages, which are operated by private investment. Generally speaking, most of them are individual, private, partnership or cooperative enterprises, and some people think that private enterprises are non-state-owned enterprises. The most fundamental difference between the two is that private enterprises only emphasize the operating mechanism, regardless of whether the ownership is public or private; Private enterprises not only emphasize private ownership, but also emphasize the private characteristics of operating mechanism. Private enterprises can be crushed to death by straw, small and medium-sized enterprises can be forced to death by difficulties, and they will be drowned if they want to start a business without knowing the water depth. If your enterprise is large, you must pay attention to handling key events, so as not to repeat the mistakes of Vanke Wang Shi and Mengniu Niu Gensheng; If your business is not strong enough for the time being, you must need a safe winter to avoid the risk of bankruptcy when the economy is in trouble. If you are starting a business and want to run your own business, you definitely need the most practical and thoughtful business advice. These are all things that people-friendly news began to do in 2004. Many entrepreneurs said: "It has become a habit to watch people-friendly news, and it is also the first thing to go to the company every day." The characteristics of the people-friendly news service are: first, it allows enterprise managers to obtain the most valuable essence and concentrated information that directly affects the development of enterprises, grasp the signs of changes in the business environment at the first time, and understand the core dynamics of the industry. People-friendly news is the sense of smell and business weather forecast of enterprises; Second, help enterprise managers emancipate their minds, concentrate on business, and get rid of being misled by massive, scattered and rough information every day. People-friendly news, as a filter, can shield the sub-spam information spread by conventional media, refine the essence of integration, save time, and not be occupied by various scattered information and delay decision-making. Third, as a mainstream business opinion, people-friendly news has credibility and its voice is recognized by the media and consumers. It is an effective communication platform for enterprise managers, markets and consumers. Fourth, promote entrepreneurs to enhance their awareness of coping with risks and self-reputation protection, prompt risks, warn their words and deeds, and make entrepreneurs take fewer detours. Fifth, people-friendly news deeply digs into the motives of representative enterprises and entrepreneurs, so that enterprise managers can understand the behavior of competitors and find respectable friends conveniently. The media also pointed out: "We buy a lot of people-friendly news every day, which saves the time to find information everywhere. It is inefficient to find information everywhere, and the information we find everywhere is not competitive. We use people-friendly news to strengthen the construction and attractiveness of content.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.