2 1 Shi Ji Jing Ji Bao Dao·2025-09-10 06:50Core Viewpoint - Charitable trusts are emerging as a new model that integrates financial tools with public welfare goals, playing a significant role in serving national strategies and adjusting income distribution in the context of promoting common prosperity and deepening financial supply-side reforms [1][2]. Group 1: Role of Charitable Trusts - Charitable trusts can effectively mobilize various social resources through professional asset management, addressing public needs in areas like green development and inclusive finance, while enhancing the credibility of financial services through transparency [3][4]. - The unique characteristics of charitable trusts allow for targeted service models that align with specific national strategies, such as rural revitalization and ecological protection [4]. - Charitable trusts enable sustainable operation of public welfare resources through mechanisms like "retaining principal and using interest," allowing funds to serve strategic goals over extended periods [4][5]. Group 2: Integration and Collaboration - Charitable trusts serve as a cross-sector platform that integrates resources from government, enterprises, and social organizations, creating synergistic effects that enhance the effectiveness of public welfare initiatives [4][6]. - The ability of state-owned enterprises (SOEs) to link industrial resources through charitable trusts is crucial for addressing imbalances in development and pooling donation resources [4][6]. Group 3: Transparency and Accountability - The structured operation of charitable trusts, including professional management and regular disclosures, ensures that funds are accurately aligned with specific national strategic goals, thereby enhancing public trust in charitable activities [5][6]. Group 4: Advantages and Challenges for State-Owned Enterprises - SOEs possess significant advantages in establishing charitable trusts due to their stable funding and resource integration capabilities, which can create large-scale public welfare funding pools [6][8]. - The public credibility of SOEs provides a natural endorsement for charitable trusts, facilitating trust from the government and the public [6][8]. - Challenges include regulatory complexities and a general lack of understanding of charitable trusts among the public and within SOEs, which can hinder effective collaboration and implementation [8][9]. Group 5: Motivation for Establishing Charitable Trusts - Policy incentives are a primary driver for SOEs to establish charitable trusts, as the government encourages the development of such trusts to support various social initiatives [9][10]. - The inherent responsibilities of SOEs to fulfill political and social obligations necessitate their involvement in charitable activities, with charitable trusts serving as a key mechanism for achieving these goals [9][10]. Group 6: Integration with Core Business - Charitable trusts can be integrated into the core operations of SOEs, leveraging industry advantages to create sustainable public welfare initiatives that align with business objectives [10]. - By embedding charitable projects within the entire energy industry chain, SOEs can address local community needs while simultaneously enhancing their operational footprint [10].