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State-owned Assets Supervision And Administration Commission Of The State Council
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¥194 trillion (US$30 trillion), revenue of more than CN¥30 trillion (US$4.6 trillion), and an estimated stock value of CN¥65 trillion (US$10.06 trillion), making it the one of the largest economic entities in the world. Central SOEs SASAC currently oversees 97 centrally owned companies. Companies directly supervised by SASAC are continuously reduced through mergers according to the state-owned enterprise restructuring plan with the number of SASAC companie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beijing
} Beijing ( ; ; ), alternatively romanized as Peking ( ), is the capital of the People's Republic of China. It is the center of power and development of the country. Beijing is the world's most populous national capital city, with over 21 million residents. It has an administrative area of , the third in the country after Guangzhou and Shanghai. It is located in Northern China, and is governed as a municipality under the direct administration of the State Council with 16 urban, suburban, and rural districts.Figures based on 2006 statistics published in 2007 National Statistical Yearbook of China and available online at archive. Retrieved 21 April 2009. Beijing is mostly surrounded by Hebei Province with the exception of neighboring Tianjin to the southeast; together, the three divisions form the Jingjinji megalopolis and the national capital region of China. Beijing is a global city and one of the world's leading centres for culture, diplomacy, politics, finance, busi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aero Engine Corporation Of China
Aero Engine Corporation of China (AECC) is a Chinese state-owned aerospace manufacturer focused on the design and development of aeroengine and related technology. The company was established on August 28, 2016. At launch, AECC was to be capitalized with US$7.5 billion by Aviation Industry Corporation of China (AVIC) and Commercial Aircraft Corporation of China, Ltd. (COMAC), China's two main state aerospace companies. U.S. sanctions In November 2020, U.S. President Donald Trump issued an executive order prohibiting U.S. companies and individuals owning shares in companies that the United States Department of Defense believe have links to the People's Liberation Army. The list produced by the United States Department of Defense as being linked to the People's Liberation Army includes AECC. See also *List of Chinese aircraft engines *Aviation Industry Corporation of China (AVIC) *Commercial Aircraft Corporation of China , type = State-owned limited company , industry ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Mobile Communications Corporation
China Mobile is the trade name of both China Mobile Limited () and its ultimate controlling shareholder, China Mobile Communications Group Co., Ltd. (, formerly known as China Mobile Communications Corporation, "CMCC"), a Chinese state-ownedStrait deals ''The Economist'', 7 May 2009 company. China Mobile Limited provides mobile voice and multimedia services through its nationwide mobile telecommunications network across mainland China and Hong Kong. China Mobile is the largest wireless carrier in China, with 945.50 million subscribers as of June 2021. China Mobile Limited is listed on the Hong Kong Stock Exchange.Overview China Mobile Limited Official Site It is the world's largest mobile network operator ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China United Network Communications Group
China United Network Communications Group Co., Ltd. () or China Unicom () (CUniq in short) is a Chinese state-owned telecommunications operator. Started as a wireless paging and GSM mobile operator, it currently provides a range of services including mobile network, long-distance, local calling, data communication, Internet services, and IP telephony. History China Unicom (known as Pinyin: Zhōngguó liánhé tōngxìn yǒuxiàn gōngsī at that time) was founded as a state-owned enterprise on 18 June 1994 by the Ministry of Railways, the Ministry of Electronics and the Ministry of Electric Power Industry ; the establishment was approved by the State Council in December 1993. China Unicom has operated a CDMA network in Macau since October18, 2006 and internet services in North Korea since 2010. , the company had 125 million GSM subscribers and 43 million CDMA subscribers. As of November 2008 the CDMA operations have been moved to China Telecommunications Corporation (Chi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Telecommunications Corporation
China Telecommunications Corporation (Chinese: 中国电信集团有限公司), known as its trading name China Telecom, is a Chinese state-owned telecommunication company. It is the largest fixed-line service and the third largest mobile telecommunication provider in China. It has three listed companies: China Telecom Corporation Limited (), China Communications Services Corporation Limited () and Besttone Holding Co., Ltd. (). History The company originated as a government agency of the . On 27 April 1995, it was registered as a separate legal entity as Directorate General of Telecommunications, P&T, China, using "China Telecom" as brand name. On 17 May 2000 it was registered as China Telecommunications Corporation. In May 2002, China Netcom Corporation was spun off as a separate company that was also supervised by the State-owned Assets Supervision and Administration Commission of the State Council directly. It also owned subsidiaries in Beijing, Tianjin, Hebei, Shanxi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Energy Investment Corporation
China Energy Investment Corporation, more commonly known as China Energy (), is a state-owned mining and energy company administrated by the SASAC of the State Council of the People's Republic of China. History On August 28, 2017, SASAC announced that China Guodian Corporation and Shenhua Group will be jointly restructured. Shenhua Group will become China Energy Investment Corporation Limited and will absorb China Guodian Corporation. It will be the largest power company in the world by installed capacity. Operations China Energy is engaged in development, investment, construction, operation and management of power plants and power generation for electricity Electricity is the set of physical phenomena associated with the presence and motion of matter that has a property of electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as describ ... supply in China. It also mines coal; operates railroads, ports and se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Three Gorges Corporation
The China Three Gorges Corporation (CTG; ) is a Chinese state-owned power company, established on 27 September 1993. The company was responsible for the construction of the Three Gorges Dam-project, the world's largest hydroelectric power plant, that went into operation in 2008. In September 2002, CTG established the subsidiary company China Yangtze Power, which took over operations and management of Gezhouba and Three Gorges dams. CTG is one of the world's largest energy companies with total assets of RMB 475.5 billion (app. USD 77.3 billion) in 2014. Business Apart from Gezhouba and the Three Gorges Dam, CTG operates and develops other hydroelectric projects on the Yangtze River - Xiangjiaba Dam, Xiluodu Dam, Baihetan Dam ( the world's second largest hydroelectric power plant) and Wudongde Dam. By the end of 2014 CTG had 46.3 GW of total hydropower installed capacity in China and over 28 GW of total installed capacity under construction or development. CTG started to develop ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Huadian Corporation
China Huadian Corporation (Huadian Group; ) is one of the five largest state-owned power generation enterprises in China, administrated by SASAC for the State Council. It engages in the generation and supply of electricity and heat, and the development of power-related primary energy. It produces about 10% of China's power along with Huaneng Group, Datang Group, SPIC and China Energy. Subsidiaries * Huadian Power International (华电国际电力股份有限公司) (SEHK: 1071, SSE: 600027, A share), which is listed on the Hong Kong Stock Exchange and Shanghai Stock Exchange, is the Group's major subsidiary company. It operates thermal powers stations in China. * Huadian Energy is an electric power subsidiary based in Harbin Harbin (; mnc, , v=Halbin; ) is a sub-provincial city and the provincial capital and the largest city of Heilongjiang province, People's Republic of China, as well as the second largest city by urban population after Shenyang and largest c ..., ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Datang Corporation
China Datang Corporation (CDT) is one of the five large-scale power generation enterprises in China, established on the basis of former State Power Corporation of China in 2002. It is a solely state-owned enterprise directly managed by the SASAC and is the experimental state-authorized investment and state shareholding enterprise ratified by the State Council. Subsidiaries * Datang International Power Generation Company (大唐国际发电股份) is a core subsidiary company with approximately one third of the Group's thermal installed capacity. * was listed on the Hong Kong Stock exchange in December 2010. ...
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China Huaneng Group
China Huaneng Group Co., Ltd., abbreviated as CHNG or Huaneng Group, is one of the five largest state-owned enterprise, state-owned electricity generation enterprises in China, administrated by the State Council of the People's Republic of China, State Council. It engages in the investment, construction, Operations management, operation and management of power generation assets and the Electricity generation, production and Electricity market, sale of Electric power, electricity. In 2012, the company was ranked 246th on the Fortune 500, ''Fortune'' 500 list. History China Huaneng Group Corporation was founded in 1989 as the holding company for a series of companies of that under the supervision of of the State Council of China, including Shenhua Group, Huaneng Coal Corporation and Huaneng International Power Development Corporation, etc. The group was part of a project that replacing oil fired power plant to coal power plant (). In 1993, the corporation was under the dual supe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Southern Power Grid
China Southern Power Grid Company Limited (CSG; ) is one of the two Chinese state-owned enterprises established in 2002 according to the precept to reform the power system promulgated by the State Council, the other being State Grid Corporation of China. It takes charges of participating in the investment, construction and management of power transmission, transformation and distribution covering China's five southern provinces of Guangdong, Guangxi, Yunnan, Guizhou and Hainan, while power generation is done by five other power generation groups. The company is headquartered in Guangzhou, Guangdong. Organizational structure China Southern Power Grid is organized in the following structure. Administrative Departments *General Office *Strategy and Policy Department *Procurement Department CAPEX *Planning and Development Department *Marketing and Trading Department *Human Resource Department *Finance Department *Operation and Technology Department *Safety Supervision Depa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Grid Corporation Of China
The State Grid Corporation of China (SGCC), commonly known as the State Grid, is a Chinese state-owned electric utility corporation. It is the largest utility company in the world, and as of 2022, the world's third largest company overall by revenue, behind Walmart and Amazon. In 2022 it was reported as having 871,145 employees, 1.1 billion customers and revenue equivalent to US$460 billion. After the electricity Plant-Grid Separation reform in early 2002, the assets of State Electric Power Corporation () were divided into five power generation groups that retained the power plants and five regional subsidiaries belonging to the State Grid Corporation of China in Beijing. History China began an initiative to reform the country's power sector in a three-stage process in 1986. In the third and final stage in March 2002 the State Council of the People's Republic of China put into effect a plan to restructure the country's electric power system in order to create competition and se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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