August 17, 1964 (on Jiachen July tenth day), our pilot trusts.

1964 17, the CPC Central Committee, the State Council agreed, and forwards the State Economic Commission, the party group "reports" about the pilot of the views of industry, transportation trusts.
report pointed out that the trust form of organization to manage the work on a major reform of the industrial management system. The central authority and the Party committees at all levels should pay full attention, concentrate first of this group of pilot trusts run. To strengthen the leadership the first faction capable cadres for leadership of the trust, in order to adopt a typical test, the experience gained. CPC Central Committee in March last year pilot industrial trust - Chinese tobacco company, has achieved significant economic benefits.