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Assets Supervision and Administration Commission

CN

国务院国有资产监督管理委员会

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. SASAC is responsible for managing state-owned enterprises (SOEs), including appointing top executives, approving mergers or sales, and drafting related laws. It oversees strategically important non-financial SOEs, including those in aerospace and related industries. SASAC aims to promote technological innovation and the development of strategic emerging industries, such as aerospace, deep-sea exploration, and energy.

gov civil
China
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All verified mentions of this organization in source documents.

The State-Owned Assets Supervision and Administration Commission issued a press release on 2021-04-29 establishing China Satellite Network Group Co. Ltd.

LegalGeneralValue 2.0May 26, 2021China establishes company to build satellite broadband megaconstellation
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