当前，信托业已成为服务实体经济、助力人民美好生活的重要金融力量。 近日，中国信托业协会发布《2024—2025中国信托业社会责任报告》(以下简称《报告》)，这是中国信 托业协会连续发布社会责任报告的第13年。 业内人士表示，2024年，信托业务三分类新规从"开局起步"走向"全面深化"；2025年，信托行业迎来高 质量发展的新阶段，在绿色转型、民生服务、行业建设等领域的实践成果逐步显现。 新增项目390个：绿色信托成绩亮眼 在服务民生福祉领域，信托行业聚焦群众急难愁盼问题，精准发力。数据显示，2024年信托投向普惠金 融领域的资金达1.6万亿元，针对个体工商户、新市民等金融服务"薄弱环节"推出专属产品，预付类资 金服务信托更是覆盖教育、养老、医疗等领域，通过资金独立管理等机制，守护消费者权益。 在养老服务上，信托公司发挥制度优势，与养老机构、法律监护体系深度融合，落地全生命周期解决方 案，全年设立1148个养老服务类信托项目，投入144.93亿元；在乡村振兴方面，289个相关项目投入 43.04亿元，依托多种业务形态参与农业产业链金融、基础设施建设，推动金融资源向农村倾斜。 在公益慈善领域，随着修改后的《中华人 ...

本报（chinatimes.net.cn）记者刘佳 北京报道 在服务实体经济与践行社会责任的双向赛道上，中国信托业正以务实行动力书写发展答卷。 9月29日，中国信托业协会发布《2024—2025 中国信托业社会责任报告》（下称：《报告》）。《报 告》显示，全行业受托管理资产规模突破29.56万亿元创历史新高，慈善信托新增规模同比增长超 30%，绿色信托存续规模超3200亿元。与此同时，员工队伍回暖向好，多项指标印证信托业已从"规模 恢复"迈入"价值提升"的新阶段。 锦天城律师事务所高级合伙人李宪明表示，2024年，信托业务三分类新规从"开局起步"走向"全面深 化"；进入2025年，行业更迎来了高质量发展的新阶段。展望未来，行业将在规范中稳健转型、于创新 中寻求突破。 16.68万亿元投向实体经济 《报告》显示，2024年信托业资产规模实现跨越式增长，全行业受托管理信托资产达29.56万亿元，同 比增幅23.58%，这一增速标志行业转型成效持续释放。 资金信托成为核心增长极，规模达22.25万亿元，同比增长28.02%。其中，28.81%直接投向实体经济领 域，另有46.17%通过资本市场间接支持实体经济，二者 ...

Core Insights - The trust industry in China has directed 16.68 trillion yuan towards the real economy as part of its social responsibility efforts, with a total of 22.25 trillion yuan in trust assets under management by the end of 2024 [1][2] Group 1: Financial Support to the Real Economy - 28.81% of the trust funds are directly invested in the real economy, while 46.17% are indirectly supporting it through capital markets, totaling 16.68 trillion yuan [2] - The trust industry has provided significant funding for national strategic projects, including 1.12 trillion yuan for the Belt and Road Initiative and 2.67 trillion yuan for the Yangtze River Economic Belt [2] Group 2: Social Welfare and Livelihood Support - In 2024, the trust industry allocated 1.6 trillion yuan to inclusive finance, established 1,148 pension service trust projects with an investment of 14.493 billion yuan, and funded 289 rural revitalization projects with 430.4 million yuan [3] Group 3: Green Trust Initiatives - The scale of green trust projects reached 325.3 billion yuan, with 390 new projects added in 2024, marking a 21.5% increase year-on-year [4] - Trust companies have implemented over 20 "dual carbon" target guidelines and conducted 46 training sessions on green trust, with 4,520 participants [5] Group 4: Charitable Trust Developments - By the end of 2024, the cumulative number of charitable trusts reached 2,244, with a total scale of 8.507 billion yuan, reflecting a year-on-year growth of 30.07% in new registrations [5]

9月29日，中国信托业协会发布《2024—2025中国信托业社会责任报告》（以下简称《报告》），这也 是该协会连续十三年发布行业社会责任报告。 2024年，信托业务三分类新规从"开局起步"走向"全面深化"；进入2025年，行业更迎来了高质量发展的 新阶段。今年1月，国务院办公厅转发了国家金融监督管理总局《关于加强监管防范风险推动信托业高 质量发展的若干意见》，进一步为行业锚定方向、构筑框架，为信托业回归本源、行稳致远提供纲领性 指引。 做好"五篇大文章" 服务国计民生 《报告》显示，2024年，信托业围绕中央金融工作会议部署，将制度优势转化为服务经济社会发展的实 效，深耕主责主业，以做好"五篇大文章"服务国计民生。 科技金融方面，信托业聚焦科技创新攻关、高端制造业升级、战略性新兴产业培育及专精特新企业赋能 四大领域，支持科技创新项目规模达3376亿元。 绿色金融方面，信托业新增设立绿色信托项目390个，同比增长21.50%，新增绿色信托规模1779.44亿 元；绿色信托存续规模逾3000亿元，达到3253.88亿元。同时，开展绿色信托主题培训会46次。 投向实体16.68万亿元 《报告》显示，2024年，信托 ...

Core Viewpoint - The trust industry is increasingly aligning with ESG principles, emphasizing long-term value, risk management, and innovative financial products to contribute to sustainable development [1][2][5]. Group 1: ESG Integration in Trust Industry - The trust industry exhibits a natural compatibility with ESG principles, focusing on long-termism, rigorous risk management, and unique business models that support green finance and social impact investments [2][3]. - ESG has become a critical measure of core competitiveness for trust companies and a necessary response to national strategies for high-quality development [1][2]. Group 2: Industry Transformation and Development - The introduction of the "three classifications" for trust business requires the industry to focus on core services, enhance governance, and improve risk management while fulfilling social responsibilities [2]. - Trust companies are actively pursuing green trust initiatives, with many establishing dedicated teams and projects to ensure the implementation of green finance strategies [3][4]. Group 3: Social Responsibility and Charitable Trusts - Charitable trusts are being developed to leverage the advantages of the trust system for public welfare, with innovative models emerging to enhance transparency and efficiency in charitable activities [4]. - Trust companies are increasingly committed to social responsibility, with significant efforts in developing charitable trusts and supporting community welfare [3][4]. Group 4: Future Outlook - The trust industry is expected to undergo a systematic transition towards sustainable and resilient high-quality development, aligning with national strategies and expanding the boundaries of ESG practices [4][5]. - Industry leaders emphasize the need for collaboration in building an ESG development system that integrates policy guidance, institutional cooperation, and market operations [5].

Core Insights - Charitable trusts are increasingly important in mobilizing social resources and promoting public welfare, especially after the implementation of the revised Charity Law, which has improved the regulatory framework for charitable trusts [1] - The new regulations on annual expenditures and management fees for charitable trusts will take effect on January 1, 2025, providing a solid foundation for the standardized development of charitable trusts across the country [1] Group 1: Regional Development of Charitable Trusts - Regions such as Zhejiang, Beijing, Guangdong, Jiangsu, and Shanghai are leading in the development of charitable trusts, showing strong performance in new registrations, cumulative registrations, and total asset scale [2] - As of September 2, 2025, Zhejiang has the highest new registrations at 193, cumulative registrations at 824, and total assets of 257,607.02 million yuan, followed by Beijing with 57 new registrations, 230 cumulative registrations, and total assets of 158,079.29 million yuan [2] - Other regions like Gansu, Qinghai, Xinjiang, and Tibet have also shown growth in charitable trust registrations, albeit at a lower scale compared to the eastern coastal regions [3] Group 2: Trust Companies' Focus - Trust companies are increasingly concentrated in eastern coastal cities such as Jiangsu, Zhejiang, and Shanghai, reflecting a trend towards these economically developed areas [4][5] - Companies like Everbright Trust and Zhongcheng Trust have established significant charitable trust projects in these regions, leveraging local government support and collaboration with charitable organizations [4] Group 3: Policy Support and Legal Environment - The rapid development of charitable trusts in regions like Zhejiang and Shanghai is supported by local government policies that encourage charitable activities, including tax incentives and project support [7][8] - Recent initiatives in Zhejiang and Shanghai aim to innovate charitable trust operations, such as the pilot registration of equity charitable trusts and real estate trust registration, which enhance the flexibility and customization of charitable tools [8]

财产总规模97.09亿元，备案单数2523个，这是截至2025年9月2日可统计的慈善信托数据。 通过分析可以发现，《中华人民共和国慈善法》实施9年来，慈善信托已在全国多地生根发芽，与 此同时，在以信托公司为主导的这一实践中，慈善信托并非千篇一律，一些具有地方特色元素和场景的 慈善信托，让慈善项目更有亮点和看点。我们看到，少数民族的传统文化和习俗、云南的金丝猴等珍稀 濒危物种、孔孟之乡的教育事业、共富区的邻里食堂以及居家养老等都得到了慈善信托的助力。 责任编辑：袁浩 完善的政策为信托公司开展慈善信托业务减负增效，也提升了社会公众参与慈善信托的热情。在探 寻慈善资金从何而来时，信托的制度优势进一步凸显。除了自有资金及企业捐赠，一些信托公司与各类 金融机构、慈善组织、公益机构精准对接，使各方在慈善信托业务开展中均实现了专业赋能，将财富传 承与慈善公益有机结合，以满足市场多元化的需求。某信托公司与银行私人银行部合作，将慈善信托服 务嵌入银行的客户服务体系中，在交易结构和管理机制设计方面发挥信托的专业优势，在信托财产保值 增值投资方面发挥银行的专业优势，在慈善项目实施等方面发挥慈善组织的专业优势，建立标准化的业 务对接 ...

Core Viewpoint - The new Charity Law in China, effective from September 5, 2024, marks a significant milestone for charitable trusts, enhancing their regulatory framework and promoting their recognition as a mature financial tool with social benefits [1][4]. Summary by Relevant Sections Development of Charity Trusts - Charity trusts in China have seen rapid growth, with over 2,550 registered trusts and a total scale exceeding 9.82 billion yuan as of September 9, 2025, representing a 10.7-fold increase from 840 million yuan in 2017 [1][5]. - The establishment of the Charity Law in 2016 laid the foundation for charity trusts, defining them as public welfare trusts managed by trustees according to the grantor's intentions [2][3]. Regulatory Framework - Recent regulations have clarified the annual expenditure and management fees for charity trusts, ensuring a minimum spending requirement and capping management costs [4][5]. - The classification of trust businesses has been refined, emphasizing the importance of charity trusts within the broader trust industry [4]. Asset Diversification and Innovation - Charity trusts are diversifying their asset types from cash to include equities and real estate, enhancing their operational capabilities for long-term funding and project-based initiatives [5][6]. - Various regions, including Beijing, Shanghai, and Hangzhou, are piloting innovative registration systems for equity charity trusts, indicating a trend towards more complex asset management [5][6]. Sector Expansion - The scope of charity trusts has expanded beyond traditional areas like education and poverty alleviation to include rural revitalization and ecological protection [7][8]. - Notable initiatives include the establishment of charity trusts focused on environmental conservation and community support, demonstrating the versatility of charity trusts in addressing diverse social issues [7][8]. Recommendations for Improvement - Industry experts suggest enhancing the integration of registration and filing processes for charity trusts to improve their operational efficiency and social impact [9][10]. - There is a call for the development of a comprehensive charity trust database to facilitate better management and collaboration among stakeholders, including trust companies and charitable organizations [9][10].

Core 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 [1][4]. Group 1: Role of Charitable Trusts - Charitable trusts can effectively address national strategies by providing customized solutions for specific areas such as rural revitalization, common prosperity, and green development [5]. - The independent and sustainable management of charitable trusts allows for the perpetual operation of public welfare resources, enabling long-term investments in areas requiring sustained funding, such as renewable energy and ecological restoration [5][6]. - Charitable trusts serve as a cross-sector platform that integrates various stakeholders, including government, enterprises, and social organizations, to create a synergistic effect in resource allocation [5][7]. Group 2: Advantages for State-Owned Enterprises (SOEs) - SOEs possess significant funding and resource integration capabilities, allowing them to create large-scale public welfare funding pools through charitable trusts [7]. - The social credibility of SOEs provides a natural endorsement for charitable trusts, facilitating trust from the government, public, and beneficiaries [7][8]. - Charitable trusts enable SOEs to align their development outcomes with public welfare, thereby enhancing their role in promoting common prosperity [6][9]. Group 3: Challenges Faced by Charitable Trusts - There are challenges in aligning regulatory frameworks, as existing regulations may not fully accommodate charitable trusts within the scope of SOE donations [8]. - Public awareness and understanding of charitable trusts are limited, leading to high communication costs and low cooperation efficiency [8]. - The successful implementation of charitable trusts requires cross-disciplinary talents who are proficient in industry operations, charitable attributes, and trust mechanisms [8]. Group 4: Motivation for Establishing Charitable Trusts - Policy incentives drive SOEs to establish charitable trusts, as the government encourages new donation methods to support various social initiatives [9]. - The inherent responsibilities of SOEs necessitate their involvement in social welfare, making charitable trusts a strategic choice for fulfilling these obligations [9][10]. Group 5: Integration with Core Business - Charitable trusts can be integrated into the entire energy industry chain, addressing local issues such as education through targeted funding [10]. - SOEs can leverage their infrastructure to create a comprehensive public welfare network, ensuring long-term funding for charitable initiatives [10]. - This integration fosters a virtuous cycle where public welfare projects support business development, and business growth, in turn, enhances public welfare contributions [10].

Core 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].