60 trillion financial assets of state-owned investors tend to the Ministry of Finance

Long-standing dispute was finally suspended pending a conclusion. If no accident, the Ministry of Finance will become a state-owned financial assets of 60 trillion of investors.
This was informed that the upcoming second trial next week's "state-owned assets law" for the first time to join the clear terms.
It is familiar with the practices of the NPC Standing Committee, the NPC Legislative Affairs Commission in each meeting held before the 12 days, will be arranged on a draft law to amend the last time before being finalized. Therefore, the key provisions will be in the final minute before being modified, still a few variables.
Once the funding of the Ministry of Finance as a financial investor, can confirm is that the SAC model, the mode and the Temasek model will not become the future management of China's financial capital of the reference samples.
"Whispering" the Ministry of Finance
Responsible for "state-owned assets law" drafted by the NPC Standing Committee, concerned that the current "state-owned assets law" in the draft, the financial investor of state-owned assets only in principle, not detailed requirements.
"This should be clear as soon as possible. Now no one tube, no one regardless, this situation, the financial development, financial security are very negative. However, the contradiction between the particular sector, there is no consensus, no one should be from their own Tube. "Financial Science Institute of the Ministry of Finance Liu Shangxi, deputy director said.
Currently, China's central bank assets, including the financial assets total nearly 60 trillion yuan, from 10 before the financial assets of the world's total share of 1 percent, rising to 4% -5%.
The NPC Standing Committee, "state-owned assets law" drafting work group member, China University of Political Science, Graduate School of Vice-President Professor Li Shuguang said that the world can not find any one country like China that the total so enormous, so wide span of the financial State-owned assets.
Of these, the scope includes: state-owned and state-controlled, state-owned shareholding commercial banks, brokerages, futures, insurance companies, trust industry, rural finance, China Investment Co. Ltd., the Central Huijin Investment Co., Ltd., the foreign currency assets, Four asset management companies, the Social Security Fund Council, the various financial holding company, window company, the provincial control of the financial assets.
At the same time, China's existing financial assets management system is also confusion, the central bank, the SAFE, the Ministry of Finance, China Banking Regulatory Commission, Securities and Futures Commission, and other local governments have their own responsibilities.
Once the financial state-owned assets identified "Whispering" the Ministry of Finance, the next step will be to consider what mode of the Ministry of Finance to manage financial assets.
Liu Shangxi, from several internal discussions of the situation, "First is to find out the state-owned financial assets of the floor. In addition, the state-owned financial asset management should not imitate the SASAC 'management of personnel, other affairs, the assets' management . "
Liu Shangxi, a state-owned financial asset management and assets of different entities, the sensitivity and risk of a higher, we need a new way of thinking.
Liu Shangxi, "Singapore Temasek model," there is no reference to China significance. This is because Singapore's financial model and the Chinese did not have much comparability.
Liu Shangxi, a state-owned financial asset management is not appropriate to take "The payment model." He said that now the payment has been merged in the vote, the payment as a business unit or a tool of the company, not the owner or the investor's role.
State Council Development Research Center, Li Zhaoxi, deputy director of enterprises that should be integrated in the Ministry of Finance and the Meeting of the vote in the relationship and the establishment of relations between all levels of the agency.