Yajiang has become China’s 99th central SOE. It is 22nd on the central SOE list on the website of the State-Owned Assets ...

SASAC replies that China’s SOEs are too big for this structure to work well. The top 60, excluding banks, have a market value of $1.5trn, seven times that of Temasek’s holdings.

The Chongqing SASAC also vowed to support strategic emerging industries, pledging to ensure that new investments in these industries accounted for at least 15 per cent of its total investment ...

The State-owned Assets Supervision and Administration Commission (SASAC) of China on Monday urged state-owned assets and central enterprises to make breakthroughs in technological innovation and ...

Changan Automobile Co has officially restructured into an independent automaker, which is directly overseen by China's central government, according to a report by the state broadcaster CCTV News on ...

China’s SASAC Releases Guidance on Compliance Management for Central Stated-Owned Enterprises Catherine Palmer, Xuechu (Sean) Wu, Hui Xu, Cathy Yeung Latham & Watkins LLP + Follow Contact ...

SASAC said operating revenue of central SOEs registered 39.6 trillion yuan ($5.75 trillion) last year, up 9.1 percent year-on-year, while total profits reached 2.6 trillion yuan, up 6.2 percent.

SASAC, which oversees 90 trillion yuan (US$12.3 billion) of assets belonging to 98 centrally-controlled state-owned enterprises (SOEs), set up a tech innovation bureau the following month.

Shandong SASAC controls Taishan P&C through Shandong Hi-Speed Group, with ERGO Group AG holding a 24.9% stake. Shareholders are expected to continue providing capital support as needed.

SASAC said net profits of central SOEs expanded to 1.75 trillion yuan ($275.8 billion) in the first 11 months of 2021, and enterprises in the petroleum and petrochemical, iron and steel as well as ...

SASAC, which oversees 90 trillion yuan (US$12.3 billion) of assets belonging to 98 centrally-controlled state-owned enterprises (SOEs), set up a tech innovation bureau the following month.