The State-owned Assets supervision and Administration commission of the Xian Municipal Govt was founded in February 2005. The Main Responsibilities are: Firstly: Authorisation by the municipal government must be in accordance with the "company law of the people's replublic of china" and other administrative regulations, the State-owned Assets supervision and Administration commission of the Xian Municipal Government performs the responsibility as the investor, guides and pushes forward the reform and restructuring of state-owned enterprises;
supervises the preservation and increment of the value of state-owned assets for enterprises under its supervision, push forward the strategic adjustment of the structure and layout of the State-owned economy. Secondly, dispatches Supervisor to state-owned enterprises and enterprises whose controlling stake was owned by the state on behalf of the state. Thirdly, appoints and removes major responsible person and grants rewards or inflicts punishments based on their performances through legal procedures for state-owned enterprises and enterprises whose controlling stake was owned by the state.
Copyright 2007-2010 Xi'an SASAC All Rights Reserved
