State-owned Assets Supervision and Administration Commission of the State Council

The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) is a special commission of the People's Republic of China, directly under the State Council. It was founded in 2003 through the consolidation of various other industry-specific ministries.^[1] As part of economic reform, nearly half of state-owned enterprises were sold off in the form of stocks. SASAC is responsible for managing the remaining SOEs, including appointing top executives and approving any mergers or sales of stock or assets, as well as drafting laws related to state-owned enterprises.

The chairman of the commission is Xiao Yaqing.

Institutions affiliated to SASAC

• Information Center
• Technological Research Center for Supervisory Panels Work
• Training Center
• Economic Research Center
• China Economics Publishing House
• China Business Executives Academy, Dalian

Industrial associations

Affiliated industrial associations include:

• China Federation of Industrial Economics
• China Enterprise Confederation
• China Association for Quality
• China Packaging Technology Association
• China International Cooperation Association for SMEs
• China General Chamber of Commerce
• China Federation of Logistics and Purchasing
• China Coal Industry Association
• China Machinery Industry Federation
• China Iron and Steel Association
• China Petroleum and Chemical Industry Association
• China National Light Industry Associations
• China National Textile Industry Council
• China Building Materials Industry Association
• China Nonferrous Metals Industry Association

Central SOEs

As of 3 August 2016, SASAC oversees 103 centrally owned companies.^[2] Based on the state-owned enterprise restructuring plan, the SASAC directly supervised SOE were reduced by the end of 2010 as small companies were merged into big state-owned enterprise giants.^[3][4]

1. China National Nuclear Corporation
2. China Nuclear Engineering and Construction Group
3. China Aerospace Science and Technology Corporation
4. China Aerospace Science and Industry Corporation
5. Aviation Industry Corporation of China
6. China State Shipbuilding Corporation
7. China Shipbuilding Industry Corporation
8. China North Industries Group Corporation
9. China South Industries Group Corporation
10. China Electronics Technology Group
11. Aeroengine Corporation of China
12. China National Petroleum Corporation
13. China Petrochemical Corporation
14. China National Offshore Oil Corporation
15. State Grid Corporation of China
16. China Southern Power Grid
17. China Huaneng Group
18. China Datang Corporation
19. China Huadian Corporation
20. China Guodian Corporation
21. China Power Investment Corporation
22. China Three Gorges Corporation
23. Shenhua Group
24. China Telecommunications Corporation
25. China United Network Communications Group
26. China Mobile Communications Corporation
27. China Electronics Corporation
28. FAW Group
29. Dongfeng Motor
30. China First Heavy Industries
31. Sinomach
32. Harbin Electric Corporation
33. Dongfang Electric Corporation
34. Ansteel Group
35. Baosteel Group
36. Aluminum Corporation of China
37. China Ocean Shipping Group
38. China National Aviation Holding
39. China Eastern Airlines Group
40. China Southern Air Holding
41. Sinochem Group
42. COFCO Group
43. China Minmetals Corporation
44. China General Technology Group
45. China State Construction Engineering Corporation
46. China Grain Reserves Corporation
47. State Development & Investment Corporation
48. China Merchants Group
49. China Resources
50. China Travel Service (Hong Kong)
51. Commercial Aircraft Corporation of China
52. China Energy Conservation and Environmental Protection Group
53. China International Engineering Consulting Corporation
54. China Chengtong Holding Group
55. China National Coal Group
56. China Coal Technology and Engineering Group
57. China Academy of Machinery Science and Technology
58. Sinosteel Corporation
59. China Iron and Steel Research Institute Group
60. ChemChina
61. China National Chemical Engineering Group
62. Sinolight Corporation
63. China National Arts & Crafts (Group) Corporation
64. China National Salt Industry Corporation
65. China Hi-Tech Group Corporation
66. China National Building Material Group
67. China Nonferrous Metal Mining Group
68. [Beijing] General Research Institute for Nonferrous Metals
69. Beijing General Research Institute of Mining and Metallurgy
70. China International Intellectech Corporation
71. China Academy of Building Research
72. CRRC Group
73. China Railway Signal and Communication
74. China Railway Engineering Corporation
75. China Railway Construction Corporation
76. China Communications Construction Group

• 82. China National Pharmaceutical Group
• 92. China Energy Engineering Corporation
• 95. China General Nuclear Power Group
• 96. China Hualu Group
• 99. Overseas Chinese Town Enterprises
• 102. China Railway Materials
• 103. China Reform Holdings

See also

• China Beijing Equity Exchange
• China Milan Equity Exchange

References

External links

• SASAC (English)
• ADB Consultant Report (English)

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