The net profit of China National Tobacco Corporation in 2010 was 117.7 billion yuan, earning an average of 320 million yuan per day. The annual report of listed companies published in 2010 showed that the total net profit of China National Tobacco Corporation exceeded that of Bank of China and slightly lagged behind Industrial and Commercial Bank of China, PetroChina, and Construction Bank. If it were listed, its annual profitability would rank fourth. Established in 1982, China National Tobacco Corporation currently has a registered capital of 57 billion yuan, total assets of 969.9 billion yuan, and shareholder equity of 803.2 billion yuan. The business scope of China National Tobacco Corporation includes the production, operation, import and export trade of tobacco monopoly products, as well as the operation and management of state-owned assets. China National Tobacco Corporation is not among the centrally-administered enterprises but is under the leadership of the State Tobacco Monopoly Administration, which was established in 1984. Jiang Chengkang currently serves as both the general manager of China National Tobacco Corporation and the director of the State Tobacco Monopoly Administration. The tobacco industry has been criticized for having "unclear boundaries between government and enterprise." Ma Li, a member of the Standing Committee of the National People's Congress Education, Science, Culture, and Health Committee and a national people's representative, pointed out that the State Tobacco Monopoly Administration and China National Tobacco Corporation share the same personnel but have two different names. "On one hand, they need to increase production, profits, and taxes, while on the other hand, they need to reduce sales. These are two different and contradictory goals." The tobacco industry in our country belongs to the "high-tax industry." In 2011, the national tobacco industry realized a total tax revenue of 752.956 billion yuan, an increase of 22.5% year-on-year. It is reported that in the list of "Top 100 Taxpaying Enterprises in 2011" announced in Shanghai, Shanghai Tobacco Group ranked first.