State Development and Investment Corporation (SDIC) (国家开发投资公司) is the largest

state-owned State ownership, also called public ownership or government ownership, is the ownership of an industry, asset, property, or enterprise by the national government of a country or state, or a public body representing a community, as opposed to ...

investment

holding company A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...

in China. It was established on 5 May 1995. SDIC's industrial investment mainly goes to

power generation Electricity generation is the process of generating electric power from sources of primary energy. For utilities in the electric power industry, it is the stage prior to its delivery ( transmission, distribution, etc.) to end users or its stora ...

coal mining Coal mining is the process of resource extraction, extracting coal from the ground or from a mine. Coal is valued for its Energy value of coal, energy content and since the 1880s has been widely used to Electricity generation, generate electr ...

, ports and shipping,

chemical fertilizer A fertilizer or fertiliser is any material of natural or synthetic origin that is applied to soil or to plant tissues to supply plant nutrition, plant nutrients. Fertilizers may be distinct from Liming (soil), liming materials or other non- ...

production, and other infrastructure or resource-oriented fields as well as high-tech projects. As a pilot company in state-owned assets management appointed by

State-owned Assets Supervision and Administration Commission The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) is a special commission of the State Council of the People's Republic of China. It was founded in 2003 through the consolidation of various other indus ...

(SASAC) of the

State Council of China The State Council of the People's Republic of China, also known as the Central People's Government, is the chief administrative authority and national cabinet. It is constitutionally the highest administrative organ of the country and the e ...

, SDIC plays a role in optimizing the structure of state sector of the economy.

References

External links

* Government-owned companies of China 1995 establishments in China {{China-company-stub