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The State Council State-Owned Assets Supervision Commission
国务院国有资产监督管理委员会

A Central Government Department  
Address: No.26 Xuanwumen Xidajie, Beijing, China (100053)
Administrative Area
Phone: 010-63192370
Fax:
Postal Code:
Website: www.sasac.gov.cn/n1180/n1566/n259850/index.html
Email:
Main Functions(Profile):
1. To perform investor's obligations and responsibilities, guide and push forward the reform and restructuring of state-owned enterprises according to the authorization by the State Council and in accordance with "Company Law of the People's Republic of China" and other administrative regulations; to supervise the preservation and increment of the value of state-owned assets of enterprises under the Commission's supervision, strengthen the management of state-owned assets; to push forward the building of modern enterprise systems in SOEs, and round out corporate governance structure; and drive for the strategic adjustment of the structure and deployment of the state economy.
2. To dispatch supervisory panels to some large enterprises on behalf of the state; to be responsible for daily management of the supervisory panels.
3. To appoint and dismiss top executives of enterprises and evaluate their performances through legal processes, administer rewards or punishment according to their performances for the enterprises; to establish corporate executive selection and administrative systems as demanded for by the system of socialist market economy and modern enterprise system, and improve the system of incentive and restraint for corporate executives.

4. To supervise and administer the value preservation and increment of state-owned assets under the Commission's supervision through statistics and auditing; to establish and improve the quota system of the value preservation and increment of state-owned assets, and work out assessment criteria; to protect the rights and interests of the investors of state-owned assets.
5. To draft laws, administrative regulations regarding the management of the state-owned assets and work out related provisions and rules; to guide and supervise the management of local state-owned assets according to law.
6. To undertake other assignments as designated by the State Council.
Internal Department List:
  1. General Office
    • Phone:010-63192370;
    •     To be responsible for the secretarial work, meetings, confidential work, secrets protection, information, archives, security of the Commission departments; to supervise the implementation of the decisions of the Commission's CPC party Committee meetings and minister office meetings.
  2. Bureau of Policies, Laws and Regulations
    • Phone:010-63193261;
    •   To draft laws and regulations for the administration and supervision of state-owned assets, responsible for the coordination of appraisement and verifier of related regulations and rules and major policies; responsible for examining the validity of normative documents of the Commission; to study related legal issues concerning enterprise reform and development; to undertake other legal affairs entrusted by the Commission.
  3. Bureau of Planning and Development
    • Phone:010-63193597;
    •   To study and put forward policy suggestions on the deployment and strategic re-adjustment of state-owned economy; to study and put forward policies and measures on the development of large-scale corporations and group enterprises with international competitiveness; to guide supervised enterprises in their arrangement and restructuring; to appraise and verify the development strategies and programs of supervised enterprises; to perform the function of investors on major investment decisions of the supervised enterprises.
  4. Bureau of Financial Supervision and Evaluation
    • Phone:010-63193896;
    •    To be responsible for the budget and final financial accounts of enterprises under supervision; to improve assessment system of managers’ operating performance in supervised enterprises, and make annual and tenure assessment of managers in supervised enterprises ; to set up and improve enterprise performance assessment system and make comprehensive assessment of supervised enterprises’ operating performance; to study and put forward suggestions and measures to conduct investigation of responsibility in the case of large asset loss in supervised enterprise; to be responsible for the cancellation of lost assets of the supervised enterprise after verification; to be responsible for the statistics of state assets.
  5. Bureau of Property Right Management
    • Phone:010-63193151;
    •    To study and put forward improvement opinions for the administrative methods and rules of the state-owned enterprises, formulate regulations and rules and administrative methods for the definition, registration, transfer, disposal and dispute intermediation of state asset ownership of enterprises under supervision; to be responsible for the verification and registration of asset assessment projects of supervised enterprises; to review and verify changes of capital funds, stock ownership transfer and bond issuance plans; to supervise and normalize ownership transactions of state-owned assets.
  6. Bureau of Enterprise Reform
    • Phone:010-63193112;
    •    To study and put forward policy suggestions for reforms of state-owned enterprises; to guide state-owned enterprises in the building of modern enterprise systems; to formulate mergers, restructure of shareholding system, public listing, joint venture and other restructuring plans of supervised enterprises and restructuring plans of state-owned asset management corporations; to review and verify company regulations of wholly state-owned enterprises financed by the Commission.
  7. Bureau of Enterprise Restructuring
    • Phone:010- 63193758;
    •     To guide the supervised enterprises in splitting social undertakings, separation of core businesses from auxiliary businesses and system reform of the auxiliary businesses, and the diverting and relocating of redundant personnel, and to ensure the settlement of laid-off workers in coordination with relevant departments; to promote reform of collectively owned factories operated by supervised enterprises; to guide construction of board in state-owned enterprises; to take over the work of National Office of the Steering Committee of Enterprise Mergers and Bankruptcies and Resettlement of Laid-off Workers.
  8. Bureau of Enterprise Remuneration   
    • Phone:010-63193585;
    •     To put foward guideline opinions on the reform of income distribution system in state-owned enterprises; to adjust and control the overall standards of wage distribution of supervised enterprises, bring out the salary rules and incentive methods for executives of supervised enterprises and organize their implementations according to the relevant state regulations; to normalize executives’ position-related consumption and employee welfare security in enterprises under supervision.
  9. Bureau of General Affairs   
    • Phone:010-63192597;
    •   To conduct comprehensive study the operational status of national economy and key enterprises; to contact the supervised enterprises to coordinate the work of production safety, emergency management, energy conservation and emission reduction, environment protection and stability maintenance; to guide and supervise management of local state-owned assets.
  10. Bureau of Return Capital Management
    • Phone:010-64470450;
    •     Organize enterprises under supervision to hand in the state-owned capital gains; commit the development of state-owned capital operating budget; develop and execute the state-owned capital operation budget; organize the supervision and review works to responsible persons' when they leave their posts and/or are during their terms.
  11. Working Bureau of Supervisory Panels (Working Offi
    • Phone:010-64471331;
    •   To be responsible for the daily management work of the Supervisors' Board in accordance with related regulations.
  12. First Bureau for the Administration of Corporate E
    • Phone:010-63192000;
    •    To undertake the survey of the leaders of supervised enterprise and put forward appointment and dismissal suggestions; to survey and recommend candidates for directors, supervisors and independent directors; to explore the appraisal, evaluation and selection methods of enterprise leaders that comply with demand of both socialist market economy system and modern enterprise system; to formulate work plans for dispatching representatives of state stock ownership to the state holding and joint-stock corporations.
  13. Second Bureau for the Administration of Corporate
    • Phone:010-63192000;
    •     To undertake the survey of the leaders of supervised enterprise and put forward appointment and dismissal suggestions; to survey and recommend candidate for directors, supervisors and independent directors; to explore the appraisal, evaluating and selecting methods of enterprise leaders that comply with demand of both socialist market economic system and modern enterprise system; to formulate work plans for dispatching representatives of state stock ownership to the state holding and joint-stock corporations.
  14. Bureau of Publicity (CPC Committee Publicity Depar
    • Phone:010-63193346;
    •    To be responsible for the building of CPC party ideologies, spiritual civilization and publicity of the supervised enterprises according to related provisions, guide their ideological and political work as well as enterprise culture building; to be responsible for the external publicity and press work.
  15. Bureau of Mass Work (CPC Committee Mass Work Depar
    • Phone:010-63193028;
    •    To coordinate the worker’s unions, youth and women work of supervised enterprises, undertake day-to-day work of the Work Committee of Communist Youth League in supervised enterprises.
  16. Bureau of Research ( Contact Office of Industrial
    • Phone:010-63192638;
    •    To be responsible for the research and study on the reform of the management system of state-owned assets, the reform and development of state-owned enterprises and strengthening the ability of leading groups; to work out the draft of important documents and reports; to contact related industrial associations.
  17. Bureau of Foreign Affairs   
    • Phone:010-63193624;
    •    To be responsible for the foreign affairs of the Commission and the directly affiliated institutions and conduct international exchanges and cooperation.
  18. Bureau of Personnel   
    • Phone:010-63193932;
    •    To be responsible for the administration of the personnel affairs of the Commission and directly affiliated institutions according to the given administrative authorizations.
  19. Bureau of In-House Logistic ( Bureau of Retired St
    • Phone:010-63192856;
    •     To be responsible for the administration of affiliated retired cadres' institutions and Commission service center; to be responsible for the administrative management of the state-owned assets and financial affairs of the Commission departments and affiliated institutions; to be responsible for the guidance and supervision of the state-owned assets and financial affairs of attached associations.
  20. Staff Office Party Committee   
    • Phone:010-63193774;
    •    To be responsible for CPC Party-mass work of the Commission and affiliated institutions in Beijing.

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The State Council State-Owned Assets Supervision Commission
国务院国有资产监督管理委员会
Guó Wù Yuàn Guó Yǒu Zī Chǎn Jiān Dū Guǎn Lǐ Wēi Yuán Huì
No.26 Xuanwumen Xidajie, Beijing, China (100053)
北京市宣武门西大街26号 邮编:100053
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