CPPCC Member Yao Aixing: Recommends The Establishment Of Overseas Asset Management Bureau

It is reported that China's overseas Assets including financial assets, real economic assets, commercial and industrial assets, service industry assets, movable property, real estate and so on all increased rapidly, and the amount was huge. At the end of 2010, it reached US $4 trillion and 130 billion and increased at an annual rate of about 20%. In addition, China's small and medium-sized enterprises and citizens' overseas assets are also relatively large.

Yao Aixing suggested that the 29 Chinese hydropower companies were hijacked in Sultan this year, which caused the risk of Chinese enterprises going out again.

　　 Yao AI Xing told the daily economic news reporter that due to the ups and downs of the international situation, some countries continued to be turbulent. However, many small and medium-sized enterprises in China lacked the accurate grasp of the international market, had no knowledge of many foreign legal provisions, failed to cope with the situation, lack of professional talents in foreign capital management, and the relevant prevention and control system was not yet sound, as well as the early warning mechanism and risk assessment platform had not yet been established. Therefore, the safety of our overseas assets is facing many risks and challenges.

　　 Ministry of Commerce Website information shows that the turmoil in North Africa and the Middle East has once again sounded the alarm for China's overseas asset security. Yao Aixing said that China should constantly sum up and think about it in practice, and further enhance our understanding on the basis of scientific assessment and set up a system for the prevention, control and supervision of overseas assets as soon as possible so as to enhance the safety factor of our overseas assets and ensure China's strategic interests.

He suggested that we should Country The relevant ministries and commissions set up the overseas assets management bureau to undertake the supervision of overseas investment of Chinese enterprises and citizens, reduce the randomness of investment and reduce risks. "Establishing compulsory insurance system, setting up compulsory insurance system for enterprises' overseas investment cooperation projects, expanding investment insurance scale, and spanferring cost of overseas personnel, etc., into insurance coverage, so as to avoid" government pay and enterprise benefit "again. Yao Aixing said.