State-owned Assets Supervision and Administration Commission
The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) is a special commission of the People's Republic of China, directly under the State Council. It was founded in 2003 through the consolidation of various other industry-specific ministries. SASAC is responsible for managing state-owned enterprises (SOEs), including appointing top executives and approving any mergers or sales of stock or assets, as well as drafting laws related to SOEs.

, its companies had a combined assets of CN¥161 trillion (US$26 trillion), revenue of more than CN¥23.4 trillion (US$3.6 trillion), and an estimated stock value of CN¥50 trillion (US$7.6 trillion), making it the largest economic entity in the world.
Q148
People's Republic of China
LOC
Q59261
State Council
ORG
Q270791
state-owned enterprises
Concept
Q39099
CN¥
Concept
Q1191085
trillion
Concept
Q4917
US$
Concept
Q1629075
State-owned Assets Supervision and Administration Commission
ORG
2003-01-01T00:00:00Z^^http://www.w3.org/2001/XMLSchema#dateTime
2003
DATE
+161^^http://www.w3.org/2001/XMLSchema#decimal
161
NUMBER
+26^^http://www.w3.org/2001/XMLSchema#decimal
26
NUMBER
+23.4^^http://www.w3.org/2001/XMLSchema#decimal
23.4
NUMBER
+3.6^^http://www.w3.org/2001/XMLSchema#decimal
3.6
NUMBER
+50^^http://www.w3.org/2001/XMLSchema#decimal
50
NUMBER
+7.6^^http://www.w3.org/2001/XMLSchema#decimal
7.6
NUMBER
country
subsidiary
executive body
applies to jurisdiction