The management of state-owned assets refers to the state's supervision over the exercise of ownership, the division of management authority, the preservation and appreciation of assets, and the enjoyment and disposal of benefits. A series of activities that organize, direct, coordinate, supervise and control the operation and use of various state-owned assets. Specifically, it is to manage the possession, use, income and disposal of state-owned assets. The basic goal of state-owned assets management is to preserve and increase the value of state-owned assets.

Legal basis: Provisional Regulations on the Supervision and Administration of State-owned Assets of Enterprises.

Article 4 The state-owned assets of enterprises belong to the state. The state implements a state-owned asset management system in which the State Council and local people's governments perform the responsibilities of investors on behalf of the state respectively, enjoy the rights and interests of owners, unify rights, obligations and responsibilities, and combine the management of assets with the management of people and affairs.

Article 5 the State Council shall, on behalf of the state, perform the duties of investor for large state-owned and state-holding and state-holding enterprises related to the lifeline of the national economy and national security, as well as state-owned and state-holding and state-holding enterprises in important infrastructure and important natural resources. The enterprises that perform the responsibilities of investors in the State Council shall be determined and announced by the State Council.

The people's governments of provinces, autonomous regions and municipalities directly under the Central Government and the people's governments at the level of cities divided into districts and autonomous prefectures respectively perform the investor duties on behalf of the state for state-owned enterprises, state-controlled enterprises and state-owned shareholding enterprises other than the State Council. Among them, the people's governments of provinces, autonomous regions and municipalities directly under the Central Government shall determine and announce the state-owned and state-holding enterprises that perform the responsibilities of investors, and report them to the state-owned assets supervision and administration institution of the State Council for the record; Other state-owned, state-controlled and state-controlled joint-stock enterprises performed by the people's governments of cities and autonomous prefectures divided into districts shall be determined and announced by the people's governments of cities and autonomous prefectures divided into districts and reported to the state-owned assets supervision and administration institutions of the people's governments of provinces, autonomous regions and municipalities directly under the Central Government for the record.

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