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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.
The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) is an institution directly under the management of the State Council. It is an ad-hoc ministerial-level organization directly subordinated to the State Council.
The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) is an institution directly under the management of the State Council.
The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) is an institution directly under the management of the State Council. It is an ad-hoc ministerial-level organization directly subordinated to the State Council.
2 days ago · One of the mechanisms the Chinese government uses to exert economic control is through Chinese State-owned Assets Supervision and Administration Commissions (SASACs). SASACs focus on the operational and strategic management of state-owned enterprises (SOEs), playing a key role in exerting state influence over the economy.
May 10, 2017 · The State Council has approved a plan submitted by the State-owned Assets Supervision and Administration Commission (SASAC) to further promote its function transformation while stressing its role in State-owned capital management and supervision.
SASAC supervises and manages the assets of central state-owned enterprises (CSOEs) alongside the Central Organization Department (COD) of the Communist Party of China (CCP). Its performance evaluation system heavily influences CSOEs’ activities. Meanwhile, local SASAC offices supervise subnational state-owned enterprises (SOEs).
