Type of Decision
Type of Activities
Decision body
CCP involvement
Operation
Implementing Party
orders and national
strategy; medium-term
planning; restructuring
and mergers and
acquisitions; transfer of
state assets; issuing
stocks or bonds; Party
building; and all
decisions that require a
meeting of shareholders,
the board, or Party
committee, as stipulated
by relevant corporate
law or SOE regulations.
Board, shareholders,
and Party committee.
Party committee’s
role is to ensure
properly
implementing the
Party-state’s orders.
But the scope of the
Party committee’s
mandate can be far-
reaching and varies
from SOE to SOE.
For all other
matters, Party
committee
participates in
decision making.
Personnel
Appointment and
promotion of senior and
mid-level executives, as
well as board directors
and management at the
SOE’s subsidiaries.
Board and Party
committee
Party committee
makes the ultimate
decision.
Investment
Drafting and revising of
annual investment plans;
investments in futures
and derivatives; any
investment large enough
to have significant
impact on the
company’s bottom line.
Management
Party committee
participates in
decision making.
Spending
Any expenditure above a
predetermined level
Board and management
Party committee
participates in
decision making.