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State-owned Assets Supervision and Administration Commission

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. SASAC is responsible for managing state-owned enterprises (SOEs), including appointing top executives and approving any mergers or sales of stock or assets, as well as drafting laws related to SOEs.

State-owned Assets Supervision and Administration Commission of the State Council
国务院国有资产监督管理委员会
Guówùyuàn Guóyǒu Zīchǎn Jiāndū Guǎnlǐ Wěiyuánhuì
Logo of SASAC

North gate of the SASAC
Agency overview
Formed10 March 2003
HeadquartersBeijing
Agency executive
Parent agencyState Council of the People's Republic of China
Websitewww.sasac.gov.cn
State-owned Assets Supervision and Administration Commission of the State Council
Simplified Chinese国务院国有资产监督管理委员会
Traditional Chinese國務院國有資產監督管理委員會
Transcriptions
Standard Mandarin
Hanyu PinyinGuówùyuàn Guóyǒu Zīchǎn Jiāndū Guǎnlǐ Wěiyuánhuì
Abbreviation
Simplified Chinese国资委
Traditional Chinese國資委
Literal meaningState Assets Commission
Transcriptions
Standard Mandarin
Hanyu PinyinGuó Zī Wěi

As of 2021[update], its companies had a combined assets of CN¥194 trillion (US$30 trillion), revenue of more than CN¥30 trillion (US$4.6 trillion), and an estimated stock value of CN¥65 trillion (US$10.06 trillion), making it the largest economic entity in the world.

Contents

SASAC currently oversees 97 centrally owned companies. Companies directly supervised by SASAC are continuously reduced through mergers according to the state-owned enterprise restructuring plan with the number of SASAC companies down from over 150 in 2008.

# English Name Chinese Name
1 State Power Investment Corporation 国家电力投资集团公司
2 China Aerospace Science and Technology Corporation 中国航天科技集团公司
3 China Aerospace Science and Industry Corporation 中国航天科工集团公司
4 Aviation Industry Corporation of China 中国航空工业集团公司
5 China State Shipbuilding Corporation 中国船舶工业集团公司
6 China North Industries Group Corporation 中国兵器工业集团公司
7 China South Industries Group Corporation 中国兵器装备集团公司
8 China Electronics Technology Group 中国电子科技集团公司
9 Aero Engine Corporation of China 中国航空发动机集团有限公司
10 China National Petroleum Corporation 中国石油天然气集团公司
11 China Petrochemical Corporation 中国石油化工集团公司
12 China National Offshore Oil Corporation 中国海洋石油集团有限公司
13 State Grid Corporation of China 国家电网公司
14 China Southern Power Grid 中国南方电网有限责任公司
15 China Huaneng Group 中国华能集团公司
16 China Datang Corporation 中国大唐集团公司
17 China Huadian Corporation 中国华电集团公司
18 China Three Gorges Corporation 中国长江三峡集团公司
19 China Energy Investment Corporation 国家能源投资集团有限责任公司
20 China Telecommunications Corporation 中国电信集团公司
21 China United Network Communications Group 中国联合网络通信集团有限公司
22 China Mobile Communications Corporation 中国移动通信集团公司
23 China Electronics Corporation 中国电子信息产业集团有限公司
24 FAW Group 中国第一汽车集团公司
25 Dongfeng Motor Corporation 东风汽车公司
26 China First Heavy Industries [zh] 中国一重集团有限公司
27 Sinomach 中国机械工业集团有限公司
28 Harbin Electric Corporation 哈尔滨电气集团公司
29 Dongfang Electric Corporation 中国东方电气集团有限公司
30 Ansteel Group 鞍钢集团公司
31 Baosteel Group 中国宝武钢铁集团有限公司
32 Aluminum Corporation of China 中国铝业公司
33 China COSCO Shipping 中国远洋海运集团有限公司
34 China National Aviation Holding 中国航空集团公司
35 China Eastern Airlines Group 中国东方航空集团公司
36 China Southern Air Holding 中国南方航空集团公司
37 Sinochem Group 中国中化集团公司
38 COFCO Group 中粮集团有限公司
39 China Minmetals Corporation 中国五矿集团公司
40 China General Technology Group 中国通用技术(集团)控股有限责任公司
41 China State Construction Engineering Corporation 中国建筑工程总公司
42 China Grain Reserves Corporation [zh] 中国储备粮管理集团有限公司
43 State Development & Investment Corporation 国家开发投资公司
44 China Merchants Group 招商局集团有限公司
45 China Resources 华润(集团)有限公司
46 China Travel Service (Hong Kong) 中国旅游集团公司[香港中旅(集团)有限公司]
47 Commercial Aircraft Corporation of China 中国商用飞机有限责任公司
48 China Energy Conservation and Environmental Protection Group 中国节能环保集团公司
49 China International Engineering Consulting Corporation [zh] 中国国际工程咨询公司
50 China Chengtong Holding Group [zh] 中国诚通控股集团有限公司
51 China National Coal Group 中国中煤能源集团有限公司
52 China Coal Technology and Engineering Group 中国煤炭科工集团有限公司
53 China Academy of Machinery Science and Technology [zh] 机械科学研究总院
54 Sinosteel Corporation 中国中钢集团公司
55 China Iron and Steel Research Institute Group 中国钢研科技集团有限公司
56 ChemChina 中国化工集团公司
57 China National Chemical Engineering Group 中国化学工程集团公司
58 China National Salt Industry Corporation 中国盐业总公司
59 China National Building Material Group 中国建材集团有限公司
60 China Nonferrous Metal Mining Group 中国有色矿业集团有限公司
61 General Research Institute for Nonferrous Metals 北京有色金属研究总院
62 General Research Institute of Mining and Metallurgy 北京矿冶研究总院
63 China International Intellectech Corporation 中国国际技术智力合作公司
64 China Academy of Building Research 中国建筑科学研究院
65 CRRC Group 中国中车集团公司
66 China Railway Signal and Communication 中国铁路通信信号集团公司
67 China Railway Engineering Corporation 中国铁路工程总公司
68 China Railway Construction Corporation 中国铁道建筑总公司
69 China Communications Construction 中国交通建设集团有限公司
70 Potevio Group 中国普天信息产业集团公司
71 China Academy of Telecommunications Technology (Datang Telecom Group) 电信科学技术研究院
72 China National Agricultural Development Group 中国农业发展集团有限公司
73 China Silk Corporation 中国中丝集团公司
74 China Forestry Group 中国林业集团公司
75 China National Pharmaceutical Group 中国医药集团总公司
76 China Poly Group Corporation 中国保利集团公司
77 China Construction Technology Consulting Corporation 中国建筑设计研究院
78 China Metallurgical Geology Bureau 中国冶金地质总局
79 China National Administration of Coal Geology 中国煤炭地质总局
80 Xinxing Cathay International Group 新兴际华集团有限公司
81 TravelSky 中国民航信息集团公司
82 China National Aviation Fuel Group 中国航空油料集团公司
83 China Aviation Supplies Holding 中国航空器材集团公司
84 Powerchina 中国电力建设集团有限公司
85 China Energy Engineering Corporation 中国能源建设集团有限公司
86 China National Gold Group Corporation 中国黄金集团公司
87 China General Nuclear Power Group 中国广核集团有限公司
88 China Hualu Group 中国华录集团有限公司
89 Nokia-Sbell 上海诺基亚贝尔股份有限公司
90 FiberHome Technologies Group 武汉邮电科学研究院 (烽火科技集团)
91 Overseas Chinese Town Enterprises 华侨城集团公司
92 Nam Kwong Group 南光(集团)有限公司[中国南光集团有限公司]
93 XD Group 中国西电集团公司
94 China Railway Materials 中国铁路物资(集团)总公司
95 China Reform Holdings 中国国新控股有限责任公司
  • Information Center
  • Technological Research Center for Supervisory Panels Work
  • Training Center
  • Economic Research Center
  • China Economics Publishing House
  • China Business Executives Academy, Dalian

Affiliated industrial associations include:


State-owned Assets Supervision and Administration Commission
State owned Assets Supervision and Administration Commission Article Talk Language Watch Edit 160 160 Redirected from 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 SASAC is responsible for managing state owned enterprises SOEs including appointing top executives and approving any mergers or sales of stock or assets as well as drafting laws related to SOEs State owned Assets Supervision and Administration Commission of the State Council国务院国有资产监督管理委员会 Guowuyuan Guoyǒu Zichǎn Jiandu Guǎnlǐ WeiyuanhuiLogo of SASACNorth gate of the SASACAgency overviewFormed10 March 2003HeadquartersBeijingAgency executiveHao Peng Chinese Communist Party Committee Secretary and ChairmanParent agencyState Council of the People s Republic of ChinaWebsitewww wbr sasac wbr gov wbr cnState owned Assets Supervision and Administration Commission of the State CouncilSimplified Chinese国务院国有资产监督管理委员会Traditional Chinese國務院國有資產監督管理委員會TranscriptionsStandard MandarinHanyu PinyinGuowuyuan Guoyǒu Zichǎn Jiandu Guǎnlǐ WeiyuanhuiAbbreviationSimplified Chinese国资委Traditional Chinese國資委Literal meaningState Assets CommissionTranscriptionsStandard MandarinHanyu PinyinGuo Zi Wei As of 2021 update its companies had a combined assets of CN 194 trillion US 30 trillion revenue of more than CN 30 trillion US 4 6 trillion and an estimated stock value of CN 65 trillion US 10 06 trillion making it the largest economic entity in the world 2 3 4 Contents 1 Central SOEs 2 Institutions affiliated to SASAC 3 Industrial associations 4 See also 5 References 6 External linksCentral SOEs EditSee also List of state owned enterprises of China SASAC currently oversees 97 centrally owned companies 5 Companies directly supervised by SASAC are continuously reduced through mergers according to the state owned enterprise restructuring plan with the number of SASAC companies down from over 150 in 2008 6 English Name Chinese Name1 State Power Investment Corporation 国家电力投资集团公司2 China Aerospace Science and Technology Corporation 中国航天科技集团公司3 China Aerospace Science and Industry Corporation 中国航天科工集团公司4 Aviation Industry Corporation of China 中国航空工业集团公司5 China State Shipbuilding Corporation 中国船舶工业集团公司6 China North Industries Group Corporation 中国兵器工业集团公司7 China South Industries Group Corporation 中国兵器装备集团公司8 China Electronics Technology Group 中国电子科技集团公司9 Aero Engine Corporation of China 中国航空发动机集团有限公司10 China National Petroleum Corporation 中国石油天然气集团公司11 China Petrochemical Corporation 中国石油化工集团公司12 China National Offshore Oil Corporation 中国海洋石油集团有限公司13 State Grid Corporation of China 国家电网公司14 China Southern Power Grid 中国南方电网有限责任公司15 China Huaneng Group 中国华能集团公司16 China Datang Corporation 中国大唐集团公司17 China Huadian Corporation 中国华电集团公司18 China Three Gorges Corporation 中国长江三峡集团公司19 China Energy Investment Corporation 国家能源投资集团有限责任公司20 China Telecommunications Corporation 中国电信集团公司21 China United Network Communications Group 中国联合网络通信集团有限公司22 China Mobile Communications Corporation 中国移动通信集团公司23 China Electronics Corporation 中国电子信息产业集团有限公司24 FAW Group 中国第一汽车集团公司25 Dongfeng Motor Corporation 东风汽车公司26 China First Heavy Industries zh 中国一重集团有限公司27 Sinomach 中国机械工业集团有限公司28 Harbin Electric Corporation 哈尔滨电气集团公司29 Dongfang Electric Corporation 中国东方电气集团有限公司30 Ansteel Group 鞍钢集团公司31 Baosteel Group 中国宝武钢铁集团有限公司32 Aluminum Corporation of China 中国铝业公司33 China COSCO Shipping 中国远洋海运集团有限公司34 China National Aviation Holding 中国航空集团公司35 China Eastern Airlines Group 中国东方航空集团公司36 China Southern Air Holding 中国南方航空集团公司37 Sinochem Group 中国中化集团公司38 COFCO Group 中粮集团有限公司39 China Minmetals Corporation 中国五矿集团公司40 China General Technology Group 中国通用技术 集团 控股有限责任公司41 China State Construction Engineering Corporation 中国建筑工程总公司42 China Grain Reserves Corporation zh 中国储备粮管理集团有限公司43 State Development amp Investment Corporation 国家开发投资公司44 China Merchants Group 招商局集团有限公司45 China Resources 华润 集团 有限公司46 China Travel Service Hong Kong 中国旅游集团公司 香港中旅 集团 有限公司 47 Commercial Aircraft Corporation of China 中国商用飞机有限责任公司48 China Energy Conservation and Environmental Protection Group 中国节能环保集团公司49 China International Engineering Consulting Corporation zh 中国国际工程咨询公司50 China Chengtong Holding Group zh 中国诚通控股集团有限公司51 China National Coal Group 中国中煤能源集团有限公司52 China Coal Technology and Engineering Group 中国煤炭科工集团有限公司53 China Academy of Machinery Science and Technology zh 机械科学研究总院54 Sinosteel Corporation 中国中钢集团公司55 China Iron and Steel Research Institute Group 中国钢研科技集团有限公司56 ChemChina 中国化工集团公司57 China National Chemical Engineering Group 中国化学工程集团公司58 China National Salt Industry Corporation 中国盐业总公司59 China National Building Material Group 中国建材集团有限公司60 China Nonferrous Metal Mining Group 中国有色矿业集团有限公司61 General Research Institute for Nonferrous Metals 北京有色金属研究总院62 General Research Institute of Mining and Metallurgy 北京矿冶研究总院63 China International Intellectech Corporation 中国国际技术智力合作公司64 China Academy of Building Research 中国建筑科学研究院65 CRRC Group 中国中车集团公司66 China Railway Signal and Communication 中国铁路通信信号集团公司67 China Railway Engineering Corporation 中国铁路工程总公司68 China Railway Construction Corporation 中国铁道建筑总公司69 China Communications Construction 中国交通建设集团有限公司70 Potevio Group 中国普天信息产业集团公司71 China Academy of Telecommunications Technology Datang Telecom Group 电信科学技术研究院72 China National Agricultural Development Group 中国农业发展集团有限公司73 China Silk Corporation 中国中丝集团公司74 China Forestry Group 中国林业集团公司75 China National Pharmaceutical Group 中国医药集团总公司76 China Poly Group Corporation 中国保利集团公司77 China Construction Technology Consulting Corporation 中国建筑设计研究院78 China Metallurgical Geology Bureau 中国冶金地质总局79 China National Administration of Coal Geology 中国煤炭地质总局80 Xinxing Cathay International Group 新兴际华集团有限公司81 TravelSky 中国民航信息集团公司82 China National Aviation Fuel Group 中国航空油料集团公司83 China Aviation Supplies Holding 中国航空器材集团公司84 Powerchina 中国电力建设集团有限公司85 China Energy Engineering Corporation 中国能源建设集团有限公司86 China National Gold Group Corporation 中国黄金集团公司87 China General Nuclear Power Group 中国广核集团有限公司88 China Hualu Group 中国华录集团有限公司89 Nokia Sbell 上海诺基亚贝尔股份有限公司90 FiberHome Technologies Group 武汉邮电科学研究院 烽火科技集团 91 Overseas Chinese Town Enterprises 华侨城集团公司92 Nam Kwong Group 南光 集团 有限公司 中国南光集团有限公司 93 XD Group 中国西电集团公司94 China Railway Materials 中国铁路物资 集团 总公司95 China Reform Holdings 中国国新控股有限责任公司Institutions affiliated to SASAC EditInformation Center Technological Research Center for Supervisory Panels Work Training Center Economic Research Center China Economics Publishing House China Business Executives Academy DalianIndustrial associations EditAffiliated industrial associations include China Federation of Industrial Economics 1 China Enterprise Confederation 2 China Association for Quality 3 China Packaging Technology Association 4 China International Cooperation Association for SMEs 5 China General Chamber of Commerce 6 China Federation of Logistics and Purchasing 7 China Coal Industry Association 8 China Machinery Industry Federation 9 China Iron and Steel Association China Petroleum and Chemical Industry Association 10 China National Light Industry Associations 11 China National Textile Industry Council 12 China Building Materials Industry Association 13 China Nonferrous Metals Industry Association 14 See also EditChina Beijing Equity Exchange China Milan Equity Exchange List of government owned companies of China Rostec State owned Enterprises Commission the equivalent in Taiwan ROC References Edit Starr John Bryan 2010 08 31 Understanding China 3rd Edition A Guide to China s Economy History and Political Culture Farrar Straus and Giroux p 99 ISBN 978 0 8090 1651 8 OCLC 932217175 China s 161 trillion yuan state asset watchdog says more M amp As to come How the Communist Party controls China s state owned industrial titans South China Morning Post China s central SOEs deliver strong performance Xinhua English news cn news xinhuanet com 央企名录 List of Central SOEs Official website of SASAC in Chinese 20 December 2016 Retrieved 10 February 2017 China gives state firms 8 bln to combat slowdown Reuters November 28 2008 External links EditOfficial website Retrieved from https en wikipedia org w index php title State owned Assets Supervision and Administration Commission amp oldid 1057540784, wikipedia, wiki, book,

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