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Is PICC P&C a state-owned enterprise or a central enterprise?
It is a state-owned enterprise, not a central enterprise. According to Aiqi's investigation, state-owned enterprises refer to the wholly state-owned enterprises, wholly state-owned companies and state-owned capital holding companies that the State Council and local people's governments perform the investor's duties on behalf of the country respectively. Enterprises refer to the central people's government (the State Council) or the state-owned assets supervision and administration institutions entrusted to perform the investor's duties. The leading group is a wholly state-owned or state-controlled enterprise directly managed by the central government or entrusted by the Central Organization Department, the State Council SASAC or other central ministries (associations). PICC P&C, the full name of which is China People's Property Insurance Co., Ltd., was established in June 1 949+1October1,and it is China People's Insurance Group Co., Ltd. (PICCGroup, ranked 90th among the world's top 500 companies in 20021year), with a long history and large business scale in China. Its largest shareholder is the state-owned China People's Insurance Group Co., Ltd., accounting for 68.98 185%, so PICC P&C is a state-owned enterprise, not a central enterprise.
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