It studies and puts forward policy suggestions promoting state-owned enterprises to fulfill their social responsibilities. It guides supervised enterprises to fulfill their social responsibilities, urges and guides them in safety production and emergency management, quality management and brand building, energy conservation and eco-environmental protection, rural revitalization and aiding the Xinjiang Uygur Autonomous Region, Tibet Autonomous Region, and Qinghai Province. It also guides and promotes supervised enterprises to reach carbon peak and carbon neutrality goals, etc.
It studies and formulates relevant systems and policies for personnel management of SASAC and units directly under SASAC. It undertakes the work of selecting and appointing officials, their education and training, and wages and welfares as well as the organizational establishment and supervision of officials for SASAC and units directly under SASAC within the scope of administrative authority. It also guides the personnel management of units directly under SASAC.
It guides the Party building work of the working agencies for retired personnel and the administrative support center, studies and puts forward suggestions for strengthening and improving Party building. It undertakes the management of working agencies for retired personnel and the administrative support center. It is responsible for the administration of state-owned assets and financial work of SASAC and affiliated units, and guides and supervises state-owned assets and financial work of industry associations.
Within the scope of administrative authority, it organizes the inspection and supervision for supervised enterprises, affiliated units and industry associations, guides supervised enterprises to conduct inspections, and assists the Office of Inspection Leadership Group of the CPC Central Committee in guiding supervised enterprises to carry out inspections. It undertakes the work of the Office of the Leading Group for Improving Party Conduct, Maintaining Integrity and Combating Corruption of SASAC Party Committee.
It organizes the study of major theoretical and practical issues of state-owned assets supervision as well as reform and development and Party building of state-owned enterprises. It plans as a whole and analyzes the reform and development of state-owned assets and state-owned enterprises, and puts forward overall policy suggestions with comprehensive studies. It also drafts important documents and reports.
It proposes policy recommendations for the strategic adjustment of the layout and structure of state-owned sector, and guides the adjustment of the layout and structure of supervised enterprises. It reviews the development strategies and plans of supervised enterprises, supervises their major investments in China and abroad, guides them in formulating and implementing international business strategy and in implementing national regional coordinated development strategy, and guides and coordinates their cooperation with local governments.
It studies and puts forward opinions on the improvement of state-owned property right management, and formulates rules, regulations and measures of state-owned property right management. It is responsible for the property right registration, assignment, transfer, and disposal as well as the approval and filing of assets evaluation projects of supervised enterprises. It reviews the capital changes, equity management and bond issuance plans of supervised enterprises, and supervises and regulates the transactions of state-owned assets of enterprises.
It improves the systems for supervised enterprises in terms of benchmarking multinationals and companies of the same industry, corporate executive business performance evaluation and enterprise performance evaluation, and conducts annual and tenure assessments of the business performance of corporate executives and the performance of supervised enterprises. It proposes remuneration and incentive measures for corporate executives, organizes the implementation according to assessment results, and standardizes the management of the duties and benefits as well as business expenditures for executives of supervised enterprises. It studies and proposes the guiding opinions on the reform of the income distribution system of state-owned enterprises, regulates the overall payroll distribution of supervised enterprises and employee benefits. It improves the medium and long-term incentive and restraint mechanism for state-owned enterprises, guides and supervises its implementation in supervised enterprises.
