What are the main types of trusts in China

There are three main types of trusts in China:

1. State-owned trust companies.  These trusts are controlled by national government enterprises and conglomerates, tending to be larger in size and conducting operations on a national scale.
2. City government-controlled trust companies.  These trusts are generally located in wealthier areas and often have a regional focus.
3. Diversified trust companies.  These trusts have a mix of shareholders, including the government, private enterprises, and smaller state-owned enterprises.  These trusts are usually more flexible, and operate in all regions of China.  They also tend to be smaller in size and focus on a single industry.

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