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

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
Logo of SASAC
Gate of SASAC
Agency overview
Formed	10 March 2003
Headquarters	Beijing
Agency executive	Zhang Yuzhuo, Head and Chinese Communist Party Committee Secretary
Parent agency	State Council of the People's Republic of China
Website	www.sasac.gov.cn

Politics of China
Leadership Leadership generations Succession of power Hu–Wen Administration (2002–2012) Xi–Li Administration (2012–2017) Xi Administration (since 2017) 4th Leadership Core: Xi Jinping 20th Party Politburo: Xi Jinping 14th State Council: Li Qiang Current state leaders Current provincial leaders Party and state leaders Orders of precedence Paramount leader: Xi Jinping First lady: Peng Liyuan Communist Party leader: Xi Jinping State representative: Xi Jinping Head of government: Li Qiang Congress Chairman: Zhao Leji Conference Chairman: Wang Huning Commander-in-chief: Xi Jinping Politburo Standing Committee longest-serving members Related systems Unified power Democratic centralism Collective leadership Organization Department Elections Civil service
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National People's Congress (14th) Elections Standing Committee (14th) Council of Chairpersons Chairman: Zhao Leji Vice-Chairpersons Top-ranked: Li Hongzhong Secretary-General: Liu Qi Special Committees Ethnic Affairs Constitution and Law Supervisory and Judicial Affairs Financial and Economic Affairs Education, Science, Culture and Public Health Foreign Affairs Overseas Chinese Affairs Environmental Protection and Resources Conservation Agriculture and Rural Affairs Social Development Affairs Presidium State representative President (list): Xi Jinping Presidential Office Chief: Cai Qi Vice President: Han Zheng Executive organ State Council (Central People's Government) Li Qiang Cabinet Premier (list): Li Qiang Vice-Premiers (list) Ding Xuexiang He Lifeng Zhang Guoqing Liu Guozhong State Councilors Wang Xiaohong Wu Zhenglong Shen Yiqin Secretary-General: Wu Zhenglong Cabinet-level departments National Development & Reform Commission Central bank National Audit Office General Office Secretary-General Deputy Secretaries-General State-owned Assets Supervision & Administration Commission most Central Enterprises Military organ Central Military Commission (CMC) Chairman (supreme commander): Xi Jinping Vice Chairmen: Zhang Youxia He Weidong Members: Liu Zhenli Miao Hua Zhang Shengmin Departments: General Office Director: Zhong Shaojun Joint Staff Dept. Chief: Liu Zhenli Political Work Dept. Director: Miao Hua Logistic Support Dept. Director: Zhang Lin Equipment Development Dept. Director: Xu Xueqiang Training and Administration Dept. Director: Wang Peng National Defense Mobilization Dept. Director: Liu Faqing Discipline Inspection Commission Secretary: Zhang Shengmin Politics and Legal Affairs Commission Science and Technology Commission Strategic Planning Office Reform & Organizational Structure Office Int'l Military Cooperation Office Audit Office Offices Administration Agency National armed forces: People's Liberation Army Theater commands People's Armed Police China Coast Guard Militia State Council National Defense Mobilization Commission Chairman: Li Qiang Ministry of National Defense Minister: Dong Jun Ministry of Veterans Affairs State Administration for Sci., Tech. & Industry for National Defense Military history Armed conflicts Military modernization Military reform since 2015 CMC Leading Group for Military Reform Leader: Xi Jinping Supervisory organ National Supervisory Commission Director: Liu Jinguo Corruption in China Anti-corruption campaign since 2012 Independent Commission Against Corruption (Hong Kong) Commission Against Corruption (Macau) Judicial organs Supreme People's Court President: Zhang Jun People's Courts Judicial Police Supreme People's Procuratorate Procurator-General: Ying Yong People's Procuratorates Judicial Police Judiciary of Hong Kong Court of Final Appeal Department of Justice Prosecutions Division Law enforcement in Hong Kong Disciplined Services Security Bureau Hong Kong Police Force Judiciary of Macau Court of Final Appeal Public Prosecutions Office Secretariat for Security Macau Security Force Unitary Police Services [zh] Public Security Police Judiciary Police [zh]
United front Political Consultative Conference National Committee Chairman: Wang Huning Vice-Chairpersons Top-ranked: Shi Taifeng Secretary-General: Wang Dongfeng Political parties: CCP (ruling) United Front Work Department Head: Shi Taifeng RCCK CDL CNDCA CAPD CPWDP CZGP JS TDSL Historical parties: KMT CDSP YCP Federation of Industry and Commerce People's organizations
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Propaganda Central Leading Group for Propaganda, Ideology and Culture Leader: Cai Qi Deputy Leaders: Li Shulei, Shen Yiqin Central Guidance Commission on Building Spiritual Civilization Director: Cai Qi Deputy Director: Li Shulei Publicity Department of the Chinese Communist Party Head: Li Shulei General Administration of Press and Publication China Film Administration State Council Information Office China Daily Ministry of Culture and Tourism National Radio and Television Administration China Media Group China Central Television China Global Television Network China National Radio China Radio International Xinhua News Agency Reference News China News Service People's Daily Global Times China Today Censorship in China Great Cannon Great Firewall Overseas censorship Radio jamming Media of China Internal media International communication centers Publishing industry in China Internet in China Internet censorship Central Cyberspace Affairs Commission Director: Cai Qi Cyberspace Administration of China Director: Zhuang Rongwen
Hong Kong Macau Central Leading Group on Hong Kong and Macau Affairs Leader: Ding Xuexiang HK & Macau Affairs Office Director: Xia Baolong Hong Kong Liaison Office Macau Liaison Office One country, two systems Special administrative regions Hong Kong Basic Law Chief Executive: John Lee Ka-chiu Hong Kong SAR Government Politics of Hong Kong Pro-Beijing camp Pro-democracy camp Independence movement Mainland & HK CEPA Macao Basic Law Chief Executive: Ho Iat-seng Macau SAR Government Politics of Macau Mainland & Macau CEPA
Cross-Strait relations Cross-Strait relations Chinese Civil War One China Political status of Taiwan Republic of China on Taiwan Taiwan Area "Taiwan Province", PRC Taiwan independence movement Anti-Secession Law Economic Cooperation Framework Agreement Cross-Strait Service Trade Agreement Chinese unification Central Leading Group for Taiwan Affairs Leader: Xi Jinping Deputy Leader: Wang Huning Taiwan Affairs Office Director: Song Tao Association for Relations Across the Taiwan Straits
Foreign relations Central Foreign Affairs Commission Director: Xi Jinping Deputy Director: Li Qiang Secretary-General: Wang Yi Ministry of Foreign Affairs Minister: Wang Yi Spokespersons Diplomatic missions Diplomatic missions of China / in China Foreign aid from China / to China International Development Cooperation Agency Ministry of Commerce Exim Bank of China China Development Bank Belt and Road Initiative Silk Road Fund Asian Infrastructure Investment Bank BRICS New Development Bank Ministry of National Defense International Military Cooperation Office NPC Foreign Affairs Committee CCP International Department State Administration of Foreign Experts Affairs Overseas Chinese Affairs Office Chinese nationality law Chinese passports (Hong Kong; Macau) Visa requirements for Chinese citizens (Hong Kong, Macau) Visa policy of China (Hong Kong; Macau) National Immigration Administration Five Principles of Peaceful Coexistence Panda diplomacy Beijing Consensus Community of Common Destiny China and the United Nations China and the World Trade Organization Shanghai Cooperation Organisation China–Africa relations China–Arab relations China–Caribbean relations China–European Union relations China–Latin America relations China–Pacific relations China–Russia relations China–United States relations
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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.^[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.^[2]

As of 2023^[update], its companies had a combined assets of CN¥871 trillion (~US$116 trillion), revenue of more than CN¥85.37 trillion (~US$12 trillion)^[3][4] with a total profit of 4.63 trillion yuan according to a report from SASAC.^[5] Vice Premier Zhang Guoqing is responsible for the supervision of the SASAC.