The government investment and financing platforms in major cities are all called urban construction investment companies, referred to as "urban investment". Originated from 199 1. At that time, the State Council carried out a new round of government investment and financing system reform, requiring local governments to be no longer directly responsible for infrastructure construction, but to operate it corporately and assume corresponding government functions. Many of these city investment companies are unprofitable and belong to public institutions or wholly state-owned companies. They realize profits through government subsidies and belong to special market operators with government nature. Of course, capital contribution is capital contribution. City investment means that the city construction investment company gives money.

1. What is a city investment company?

City investment company is the investment and financing platform of major city governments. It is an economic entity established by local governments, departments and institutions through financial allocation or the introduction of assets such as land and equity, and is responsible for the financing of government investment projects, with independent legal personality.

2. The equity of City Investment Company belongs to:

Platform companies are "adjusted by local governments, departments and institutions through financial allocations or the introduction of assets such as land and equity", which highlights the local state-owned enterprise attribute of financing platforms.

3, city investment company's government investment projects:

According to the latest definition, government investment refers to the investment and construction activities of fixed assets projects in China, including new construction, expansion, reconstruction and technical transformation. And it is noted that the investment of government investment funds should be mainly non-operating projects.

4. The investment target area of the platform company project of the city investment company:

The function of the platform is to finance government investment projects, but the investment target field of the project has been changing, and now the latest scope is "public welfare or quasi-public welfare _ projects". Public welfare here refers to: municipal roads, public transportation, affordable housing, etc. Quasi-public welfare _ purpose _ has been defined in the document, generally including:

1. Public services _ Uses: including water supply, power supply (electricity), gas supply, heat supply, etc.

2. Public transport infrastructure management _ Purpose: Including highway project investment management, railway, port, dock, airport (civil aviation) infrastructure management, rail transit infrastructure management, urban transportation infrastructure management, etc.