中国信托业研究报告（2013）

截至2012年末，信托行业受托管理资产规模达7.47万亿元，信托行业在整个金融体系中的重要地位进一步确立。信托公司自身资本实力稳步提升，赢利能力持续增强。在高速发展的背后，信托行业也面临新的业务发展领域的发掘与拓展、业务结构进一步调整、自主管理能力提升、风险事件频发等诸多压力。随着证监会、保监会等一系列资产管理新政的推出，信托行业面临的其他泛资产管理机构的竞争也进一步加剧。与此同时，刚性兑付、影子银行等争议话题也成为2012年信托行业的关注热点。



与信托行业飞速发展形成对比的是，当前信托行业对行业的发展规律及影响信托公司发展的主要因素，以及综合评价信托公司经营绩效的研究缺乏认识。就此，中建投信托研究中心对66家信托公司披露的年报信息进行综合分析，形成本书。以期其有助于人们了解行业现状，研究信托市场发展变化趋势，为信托公司制定发展规划和战略布局，促进信托行业的长期可持续发展，以及行业监管机构制定监管政策提供参考和借鉴。











By the end of2012, the value
of assets under management of the trust industry had already reached 7.47 trillion RMB, and had
further strengthened its position in China’s whole financial industry.
The capital of trust companies has increased steadily, and profitability has
improved continuously. Despite all the
progress made, the trust industry will face many challenges in the future, such
as the need for new business opportunities, and for further adjustments to its
business structures, and so on. As the CSRC and CIRC launched a series of new
acts of asset management in 2012, the competition between trust and other asset
management institutions has already become fiercer. At the same time, implicit
guarantee, shadow banking and other controversial topics have attracted
attention from the whole trust industry.



In contrast to its rapid
development, the trust industry is currently short of analysis focusing on the
basic factors influencing the development of the industry, and the
comprehensive evaluation of trust companies’ performance. Therefore,
China Jiantou Trust Research Center composed this book based on the studies of
annual reports of 66 trust companies, in the hope that it can facilitate the
understanding of the status quo and future trend of the trust industry, help
trust companies and the whole industry with strategy implementation, and
accelerate its sustainable development.