State-owned Assets Supervision and Administration Commission of the State Council
Chinese government body at the State Council

The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) is an institution directly under the State Council of China that acts as the state's owner for centrally administered, non-financial state-owned enterprises (SOEs). It exercises shareholder functions on the State Council's behalf, performance evaluation, approval of major reorganizations and mergers, and rule-making on the management of state assets. Its mandate is grounded in State Council regulations issued in 2003 and in the 2008 law on state-owned assets in enterprises. By law, SASAC defers to the Organization Department of the Chinese Communist Party on appointment and removal of SOE top management.
SASAC's remit covers central, non-financial SOE groups. Financial institutions and a few non-financial SOEs (China Railway, China Tobacco, and CITIC Group) are outside this scope. As of 2025 the commission's English-language directory lists 96 central SOE groups, a figure that changes with mergers and restructurings. Central SOEs are concentrated in backbone sectors such as energy, transport, telecommunications and construction, and operate across the domestic economy and international markets.
In 2024 the total assets of central SOEs exceeded 90 trillion yuan (about US$12 trillion) and total profits were about 2.6 trillion yuan (about US$360 billion).
Recent priorities emphasize value creation and capital-market discipline.
The public source identifies “State-owned Assets Supervision and Administration Commission of the State Council” as chinese government body at the State Council. This brief keeps that definition visible, then builds a research path around State-owned, Assets and Supervision.
Why this record matters
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Contemporary correspondence, administrative files and participant testimony can test how later narratives organized the event or institution. The source revision retrieved here is dated Aug 9, 2026. The linked authority identifier is Q1629075. 2 of 2 selected statements include explicit references; 1 carry qualifiers and 0 use preferred rank. The first chronological checks are 2003, 2008, 2025 and 2024.
Later summaries often reconcile disputed chronology or motive more neatly than the contemporary record permits. The lead is largely declarative, so disagreement and counter-evidence require a deliberate search beyond the opening account. Authority statements aid reconciliation but still require their own references, qualifiers and ranks to be checked.
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Three-step research path
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Questions for further research
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This entry incorporates text from “State-owned Assets Supervision and Administration Commission of the State Council” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.