State-owned Assets Supervision and Administration Commission establishes the Overseas State-Owned Assets Office to handle overseas crisis management

SighingCashier · 2026-04-08T11:20:16+00:00

The State-owned Assets Supervision and Administration Commission of the State Council website was updated today, showing the establishment of a new Foreign Investment Department within the SASAC, with Zhu Kai, the former Director of the International Cooperation Department, appointed as the director.According to the "Institutional Overview" on the SASAC website, the main responsibilities of the Foreign Investment Department are to guide the internationalization of supervised enterprises and optimize their overseas asset layout and structural adjustments, undertake supervision of overseas assets of the supervised enterprises, strengthen risk prevention and resolution related to overseas investment and operations, and handle emergency incidents and crises abroad.The Foreign Investment Department is divided into the International Business Division, Risk Prevention Division, Supervision and Governance Division, and Emergency Management Division.

SighingCashier

2026-04-08 11:20:16

The State Council’s State-owned Assets Supervision and Administration Commission (SASAC) website was updated today, showing the establishment of the Commission’s new Overseas State-owned Assets Working Bureau, whose director is Zhu Kai, the former director of SASAC’s International Cooperation Bureau.

According to the SASAC website’s “Organization Profile” introduction, the Overseas State-owned Assets Working Bureau’s primary responsibilities include: guiding the international operations and overseas asset layout optimization and structural adjustments of the companies under its supervision; undertaking the work related to overseeing the overseas assets of the companies it supervises; strengthening risk prevention, mitigation, and resolution in areas such as overseas investment operations and management; and handling work related to overseas emergencies and crisis management.

Under the Overseas State-owned Assets Working Bureau, there are the International Operations Office, the Risk Prevention Office, the Supervision and Governance Office, and the Emergency Management Office.

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