China Leadership Monitor

SASAC Rising

Saturday, April 30, 2005

During April and May 2005, new policies were put in place to address some of the most contentious, long-running economic issues in China. Although the initial policy moves were modest, the way they played out illuminates the process of policymaking in China today, in particular the large and growing role of the State Asset Supervision and Administration Commission (SASAC). On balance, these changes have brought the SASAC to a substantially more important and powerful position in the Chinese economy.