Guówùyuàn Guóyǒu Zīchǎn Jiāndū Guǎnlǐ Wěiyuánhuì
North gate of the SASAC
|Formed||10 March 2003|
|Parent agency||State Council of the People's Republic of China|
|State-owned Assets Supervision and Administration Commission of the State Council|
|Literal meaning||State Assets Commission|
|This article is part of a series on the|
politics and government of
the People's Republic of China
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.
As of 2017 [update] , its companies had a combined assets of CN¥161 trillion (US$26 trillion), revenue of more than CN¥23.4 trillion (US$3.6 trillion), and an estimated stock value of CN¥50 trillion (US$7.6 trillion), making it the largest economic entity in the world.
SASAC currently oversees 94 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|
|25||Dongfeng Motor Corporation||东风汽车公司|
|26||China First Heavy Industries||中国一重集团有限公司|
|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|
|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|
|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|
|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|
|55||China Iron and Steel Research Institute Group||中国钢研科技集团有限公司|
|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|
|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|
|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|
|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|
|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|
|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]|
|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|
Affiliated industrial associations include:
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The China Shipbuilding Industry Corporation (CSIC) was one of the two largest shipbuilding conglomerates in China, the other was the China State Shipbuilding Corporation (CSSC). It was formed by the Government of the People's Republic of China on 1 July 1999 from companies spun off from CSSC, and is 100% owned by State-owned Assets Supervision and Administration Commission (SASAC) of State Council. Headquartered in Beijing, the CSIC handles shipbuilding activities in the north and the west of China, while the China State Shipbuilding Corporation (CSSC) deals with those in the east and the south of the country.
China National Coal Group Co., Ltd., known as China Coal Group, is a Chinese coal mining conglomerate that was supervised by the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council. It was the second largest state-owned coal mining enterprise in the mainland China, and the third largest in the world, just after Shenhua Group in 2008, according to a website quoting Xinhua News Agency. It is engaged in coal production and sales, coal chemicals, coal mining equipment manufacturing, coal mine design and related engineering services.
Magang (Group) Holding Co., Ltd., or known as Masteel Group, is one of the major Chinese iron and steel enterprises. Since 2019, it is a joint venture of central government owned China Baowu Steel Group and Anhui Provincial People's Government's State-owned Assets Supervision and Administration Commission (SASAC). It is headquartered in Ma'anshan, Anhui province. The group produced iron and steel via its listed subsidiary Maanshan Iron and Steel Company Limited, which was a listed company since 1993. However, the group had a significant part remained unlisted.
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CRRC Group Corporation, known as CRRC Group, is a Chinese state-owned holding company, direct parent company of CRRC and 32 other subsidiaries; if including second-tier subsidiaries, the holding company is the head of 112 legal entities.
Taiyuan Coal Gasification (Group) Co., Ltd. is a Chinese state-owned coal mining conglomerate based in Taiyuan, Shanxi. The company was owned by State-owned Assets Supervision and Administration Commission (SASAC) of Shanxi Provincial People's Government. However, Shanxi SASAC granted fellow state-owned enterprise Jincheng Anthracite Mining Group (JAMG) to manage their stake since 2011.
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China Hi-Tech Group Corporation, Ltd. (CHTC) is a Chinese conglomerate company. The company is owned by the Chinese Central Government via State-owned Assets Supervision and Administration Commission of the State Council (SASAC). The company main focus is on the textile industry. In June 2017, CHTC became a wholly owned subsidiary of Sinomach, another SASAC company, through a restructuring, as part of a plan to reduce the number of SASAC directly-controlled companies.
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