• Performs the investor’s responsibilities, supervises and manages the state-owned assets of enterprises under the supervision of the Central Government (excluding financial enterprises), and enhances the management of state-owned assets
  • Shoulders the responsibility of supervising the preservation and increment of the value of the state-owed assets of the supervised enterprises: establishes and improves the index system to the preservation and increment of the value of the state-owned assets, and works out the assessment criteria; supervises and administrates the preservation and increment of the value of the state-owned assets of the supervised enterprises through statistics and auditing
  • Be responsible for the management work of wages and remuneration of the supervised enterprises and formulates policies regulating the income distribution of the top executives of the supervised enterprises and organizes implementation of the policies
  • Guides and pushes forward the reform and restructuring of state-owned enterprises, advances the establishment of modern enterprise systems in SOEs, improves  corporate governance , and propels strategic adjustment of the layout and structure of the state economy
  • Appoints and removes the top executives of the supervised enterprises, and evaluates their performances through legal procedures and either grants rewards or inflicts punishments based on their performances; established a corporate executives selection system in accordance with the requirements of the socialist market economy system and modern enterprise system, and improves incentives and restraints system for corporate management
  •  Organizes the supervised enterprises to turn the state-owned capital gains over to the state, participates in formulating management system and methods of the state-owned capital operational budget, and works out the states-owned capital operational budget and final account and their implementation fin accordance with related regulations
  • Urges the supervised enterprises to carry out the guiding principles, policies, related laws and regulations and standards for safety production and inspects the results in accordance with the responsibilities as investor
  • Be responsible for the fundamental management of the state-owned assets of enterprises
  • Works out drafts laws and regulations on the management of the state-owned assets, established related rules and regulations and directs and supervises the management work of local state-owned assets according to law
  • Undertakes other tasks assigned by the State Council