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 | |
Gate of SASAC | |
Agency overview | |
---|---|
Formed | 10 March 2003 |
Headquarters | Beijing |
Agency executive | |
Parent agency | State Council of the People's Republic of China |
Website | www |
State-owned Assets Supervision and Administration Commission of the State Council | |
---|---|
Hanyu Pinyin | Guó Zī Wěi |
China portal |
The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) is a special commission of the
As of 2021[update], its companies had a combined assets of
History
SASAC was formed in 2003 to consolidate industry-specific bureaucracies.[6]: 15
In 2017, the State Council approved a change of SASAC's mission from administering SOEs to channeling state capital into strategic economic sectors.[6]: 16
Significance
SASAC oversees China's SOEs in nonfinancial industries deemed strategically important by the State Council, including national champions in areas like energy, infrastructure, strategic minerals, and civil aviation.[6]: 79
The state-owned investment companies of SASAC serve as a mechanism through which the Chinese government can influence the market through the use of capital rather than government directive.[6]: 16
Central SOEs
This section needs to be updated.(February 2023) |
As of 2023[update], SASAC currently oversees 97 centrally owned companies.[7][8] 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.[9]
# | 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
|
中国移动通信集团有限公司 |
23 | China Electronics Corporation | 中国电子信息产业集团有限公司 |
24 | FAW Group | 中国第一汽车集团有限公司 |
25 | Dongfeng Motor Corporation | 东风汽车集团有限公司 |
26 | China First Heavy Industries | 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 | 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 | 中国国际工程咨询公司 |
50 | China Chengtong Holding Group | 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 | 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 Corporation | 中国国新控股有限责任公司 |
96 | China Certification & Inspection Group Co., Ltd | 中国检验认证集团有限公司 |
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 [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
- China Beijing Equity Exchange
- China Milan Equity Exchange
- List of government-owned companies of China
- Rostec
- State-owned Enterprises Commission, the equivalent in Taiwan (ROC)
- Federal Agency for State Property Management
References
- OCLC 932217175.
- OCLC 1345216431.
- ^ "China's 161 trillion yuan state asset watchdog says more M&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.
- ^ JSTOR jj.2915805.
- OCLC 1345216431.
- ^ "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.