SASAC of the State Council

The State-owned Assets Supervision and Administration Commission (SASAC) is an ad hoc agency directly under the State Council. Empowered by the State Council, the commission acts as the investor on behalf of the state and supervises the maintenance and increase in value of the state assets of the enterprises under its supervision. There are 24 subordinate bodies under the commission.

The main duties of the commission include:

? supervising and strengthening the management of the state assets of central government enterprises (excluding financial companies);

? supervising the maintenance and increase in value of the state assets of enterprises under its supervision;

? guiding and promoting the reform and restructuring of SOEs, helping them improve their management systems and structure, and adjusting the strategic configuration and structure of the state-owned economy;

? appointing and removing the persons in charge of SOEs under its supervision, reviewing their performance, issuing rewards or sanctions, establishing mechanisms for selecting and appointing competent managers in accordance with the needs of modern enterprises and the socialist market economy, and improving the systems of incentives to and restraints on individual managers;

? ensuring that the enterprises under its supervision hand over the benefits of their state assets, helping devise management methods for the budgets of state assets, and taking charge of the drafting and execution of the budgets;

? ensuring that the enterprises under its supervision implement state policies, laws, regulations, and norms related to workplace safety; 

? exercising basic management of the state assets of the enterprises, drafting laws and regulations on the management of state assets, developing relevant rules and regulations, and guiding and supervising local state assets management in accordance with the law.

國務院國有資產監督管理委員會

國務院國有資產監督管理委員會（國務院國資委）是國務院直屬特設機構，根據國務院授權，代表國家履行出資人職責，對所監管企業國有資產的保值增值進行監督。國務院國有資產監督管理委員會設有24個內設機構。

國務院國資委的主要職責包括：監管中央所屬企業（不含金融類企業）的國有資產，加強國有資產的管理工作；承擔監督所監管企業國有資產保值增值的責任；指導推進國有企業改革和重組，推進國有企業的現代企業制度建設，完善公司治理結構，推動國有經濟布局和結構的戰略性調整；通過法定程序對所監管企業負責人進行任免、考核并根據其經營業績進行獎懲，建立符合社會主義市場經濟體制和現代企業制度要求的選人、用人機制，完善經營者激勵和約束制度；組織所監管企業上交國有資本收益，參與制定國有資本經營預算有關管理制度和辦法，負責國有資本經營預決算編制和執行等工作；督促檢查所監管企業貫徹落實國家安全生產方針政策及有關法律法規、標準等工作；負責企業國有資產基礎管理，起草國有資產管理的法律法規草案，制定有關規章、制度，依法對地方國有資產管理工作進行指導和監督等。