The commission performs the investor's responsibilities, supervise and manage the State-owned assets of enterprises under the supervision of the Guiyang Municipal People's government, and enhance the management of the State-owned assets via the authorization of the Guiyang Municipal People's Government and in accordance with the Company Law of the People's Republic of China，the Law of the People's Republic of China on the State-owned Assets of Enterprises，and other administrative regulations.
Staff members at the Guiyang State-owned assets supervision and administration commission, also known as the Guiyang SASAC – located in Guiyang, capital of Southwest China's Guizhou province – recently increased their skills, to help them crack down on intellectual property rights infringements.
Guiyang Urban Development Investment Group was recognized for its contribution to the country's fight against COVID-19, at a meeting to honor the nation's epidemic role models, held at the Great Hall of the People in Beijing on Sept 8.
The State-owned assets supervision and administration commission of Guiyang (SASAC of Guiyang) held a special training course on modern enterprise management and operation at Suzhou University in Jiangsu province on Aug 22-28.
Guizhou province's capital Guiyang is home to 564 State-owned and State-controlled enterprises, according to statistics collected from January to July, an increase of 42 from the same period in 2019 – year-on-year growth of 7.85 percent.
The Tenth Guiyang Municipal Committee of the Communist Party of China held its fifth plenary session, at which time it was decided that Guiyang is to do all possible to promote high-quality opening-up, boost the real economy, and accelerate high-quality economic development.