Is China Guoli Monetary Fund Company State-owned?
That's not true. China Guoli Monetary Fund Company is not under the jurisdiction of SAAC, but belongs to state-owned enterprises but not to SAAC. SASAC refers to the State-owned Assets Supervision and Administration Commission of the State Council. The State-owned Assets Supervision and Administration Commission of the State Council is an ad hoc organization directly under the State Council, with ministerial status, and performs the responsibilities of investors on behalf of the state.