Structure and Functions of the Committee on the Control and Management of State Property of China

Abstract

The article discusses the history of establishment of the State-owned Assets Supervision and Administration Committee (SASAC), as well as its structure and its formal and real competences. Despite the extent of the powers this authority was granted when established, its actions are restricted through the interests of other actors in the institutional structure. The author studies in detail competences of SASAC regarding the practices of appointment of topmanagers of SOEs, control rights in state enterprise assets and control rights in management of SOEs.

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