Modernization of state-owned Chinese companies

The SASAC (State-owned Assets Supervision and Administration Commission of the State Council) is a Chinese state regulatory authority whose primary responsibility is the modernization and restructuring of large state-owned firms. The SASAC is also responsible for decisions concerning the top management and investments of these companies.

Since 2002 Carl Duisberg Centren has been conducting training and further education for high-level executives in companies owned by the Chinese government each year on behalf of the SASAC. Financial management courses cover such issues as corporate accounting and financing, investment decisions and controlling.

This program is supplemented by a variety of topical excursions to German companies, in order to foster the establishment of business relationships between German and Chinese companies.