4 trillion in foreign assets of central enterprises accused of serious personal loss was suspected on behalf of holders.

<P> 4 trillion in foreign assets of central enterprises accused of a serious drain </ P> <P> losses have been exposed tip of the iceberg of overseas individuals on behalf of the holders into the biggest "bleeding" </ P> <P> According to the "21st Century Business Herald" .reported that, following the China National Nonferrous Metals Industry Association came to be for the acquisition of Chinese enterprises in overseas resources for accreditation, reporters have learned from the SASAC, the SASAC will take a series of measures to increase the overseas assets of the central rate regulation. .SASAC Vice Huang Shuhe recently told reporters that the SASAC, "will introduce a standardized central level policies and regulations on foreign property" in order to strengthen the supervision of the foreign assets of central enterprises. .</ P> <P> according to SASAC statistics, as of the end of 2009, a total of 108 central enterprises involving foreign investment in units of 5901, the central enterprises overseas assets of more than 4 trillion yuan, total profit that year the total profits of central enterprises 37.7%, and even some enterprises .profits of the company outside the project 50% of profits. .A central rate of the General Counsel at 11 at the end of the central business legal work during the forum, told reporters that at present, in addition to Minmetals, China Resources and a few other central enterprises, most of the central rate of the foreign assets are safe and value added remain uncertain. .The legal adviser also said that in recent years, the loss of the foreign assets of central enterprises have become the enemy of increasing the value of state-owned assets, SASAC is the central enterprises faced up to regulate property rights outside the main reason. .</ P> <P> individuals on behalf of the holders into the clean-up range </ P> <P> reporter was informed that since the 2008 financial crisis, China's central enterprises have increased the pace of foreign investment, foreign assets of the risks highlighted. .SAC since 2009, foreign assets of central enterprises conducted a series of investigation work, the central investigation involving nearly 6,000 overseas enterprises overseas enterprises and the central state-owned assets overseas sub-enterprises. .China Railway Construction said an insider told reporters this year, major central enterprises under SASAC issued a "clean-up specifications on the central enterprises overseas investment by individuals on behalf of the holders of property rights issues related to notice" (hereinafter referred to as the "Notice"). .SAC in the "notice" requirement, the central enterprises and all levels of holding companies, foreign affiliates on behalf of individuals or private companies of the offshore companies on behalf of the state-owned property (shares), shares, property or other assets of such acts (hereinafter referred to as personal .on behalf of the offshore property rights), are included in the scope of this specification within the clean-up. .In fact, the personal property on behalf of the offshore is the largest foreign assets of central enterprises "bleeding" is also a major regulatory challenges. .</ P> <P> According to report, China's reform and opening up, foreign investment in order to facilitate the smooth development, allow some state-owned enterprises to private investment to take the form of external, held by the executives on behalf of the state-owned shares. .After the establishment of the SASAC, the state-owned enterprises gradually established a property management relationship as a link, but according to the Audit Commission's audit survey revealed that, "the state-owned enterprises in overseas investment, individuals holding shares on behalf of the management relationship did not straighten out, resulting from the presence of state-owned .loss of assets or property dispute risk. " .</ P> <P> a vice president told reporters that the central enterprises, foreign enterprises may be the main channel for loss of state assets. ."An individual on behalf of the ownership of foreign enterprises, through internal integration, strategic adjustment, etc., into the overseas assets of the company within the group." Reporter has learned that, at present, the SASAC investigation on the work of the foreign assets of central enterprises are still in progress, most .SAC has been reported to central level of individual property rights on behalf of the offshore situation. .In addition, the SASAC will also operate on the foreign assets of central enterprises, asset classes, a full statistical potential risks. .</ P> <P> blind investment resulting loss of state assets </ P> <P> state-owned assets abroad is now basically a nobody knows for sure, this is state-owned basic research areas, experts agree that a reality. .Following the CAO, the huge loss of CITIC Pacific after the incident overseas, not long ago, China Railway Construction Engineering by Saudi rail projects than the actual contract work increased, the loss of up to 4.153 billion yuan. .Reporter from the SASAC research center was informed that an internal seminar, presented in public view within the central rate of overseas state-owned assets losses only loss outside the tip of the iceberg. .China's foreign assets is ambitious, but the lack of effective monitoring mechanisms, there is a lot of foreign enterprises operating failure, heavy debt, operating losses and other issues. .SAC leaders criticized the part of the central rate within the session manager "to create political achievements", "to create his own kingdom," "to create awareness," "determination is unknown large" blind investment and resulting loss of state assets. .</ P> <P> the loss of state-owned assets abroad is broadly divided into overseas personnel overspending, waste, absconded with money; without the approval of high-risk speculation in the foreign operation resulting in huge losses; without approval or go through the relevant legal procedures ., the state-owned assets abroad up in his own name; appointment of foreign officers and other state-owned assets due to improper. .In addition, as an important part of the state-owned assets, the resources of the state-owned assets, and often overlooked in a lot of hidden assets such as trademarks, corporate reputation, the loss of patents is also very serious situation. .</ P> <P> 2009 年 21 to 30 April, Li Wei, deputy director of SASAC, led a delegation to Singapore and Australia, to the Central Management of foreign institutions and companies related to legal and regulatory systems between the two countries conducted a survey and study. .Investigation and study results show that the main problem is outside the property management system as a whole is not perfect, there is disorderly competition in the overseas investment, lack of management talent, improve the examination system and the dispatch of personnel to be remuneration, etc.; by the financial crisis, the new economy between China and Australia .continued to decline, shrinking demand, production and operation of foreign institutions facing difficulties. .</ P> <P> series of regulatory measures brewing </ P> <P> learned from the SAC was informed that, at present, the SASAC is working on a new regulatory approach the foreign assets of central enterprises, including foreign investment enterprises limited qualifications, standardized central enterprises abroad .property rights, reform and foreign investment approval procedures, the establishment of risk early warning system and so on. .SAC will continue to the assets of the central structure of foreign investment enterprises to monitor, focusing on the central enterprises to resources, energy, infrastructure and other aspects of foreign investment. .According to statistics, in 2008, 2009, China's overseas assets structure has changed, the number of foreign direct investment increased to reduce the number of securities investment. .Foreign Trade University of Finance and Dean Ding Zhijie that the restructuring of overseas assets, "as to avoid the loss played a positive role." .In addition, the SASAC will be in accordance with the "main business investment," the principle of the central enterprises to invest overseas qualifications, in principle, limit the central enterprises to invest overseas do not meet the main project. .</ P> <P> Huang and also told reporters that the central enterprises overseas investment norms involving multi-sectoral work. .According to report, at present, the State Administration of Foreign Exchange, Ministry of Finance, Ministry of Commerce of the central enterprises are also looking overseas investment norms regulatory approach. .However, the multi-sectoral regulators have increased the difficulty of monitoring foreign assets. .Although the SAC as a representative of the investor owned assets supervision and management, but outside the state-owned assets management and oversight functions but was divided in different departments, including the Ministry of Finance, the Ministry of Commerce, the SASAC and the State Administration of Foreign Exchange, making the outside .state-owned property information is decomposed in different sectors, resulting in different management departments, between management and the information asymmetry between foreign enterprises. .</ P>.