Talk:Aviation Industry Corporation of China
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Merge
[edit]After the merge of China Aviation Industry Corporation I and China Aviation Industry Corporation II, Aviation Industry Corporation of China will be the only consortium of aircraft manufacturers of China.
During the past 30 years after China begun Economic reform, the institute which in charge of managing Chinese Aviation industry was changed from a government department to a commercial company, while during premier minister Zhu Rongji's cabinet, the company was forced to spilt into two company, AVIC I & AVIC II, which intended to generate some competition between two companies to stimulate fast growth. But by review past decades, people found this was not make sense, so in order to give birth a company strong enough to compete with other major aviation giants such as Boeing, Lockheed Martin, EADS and Russian giants, government decided to merge two independant company again into a single company named Aviation Industry Corporation of China.
————Williamsze (talk) 17:30, 9 November 2008 (UTC)
SASAC “ownership”
[edit]SASAC is a government commission that manages state-owned enterprises (SOEs). SASAC cannot own anything because it is not an economic entity. It is not a parent company nor a holding company for SOEs. Therefore it is not correct to name SASAC as the parent or owner of AVIC or any other company under its supervision. AVIC et al have no parent companies and their owners are the government of China. Yes, they do report to SASAC, but that doesn't mean SASAC owns them – the government does. Andro611 (talk) 02:53, 26 February 2023 (UTC)
- SASAC is not an "economic" entity? Got a WP:RS for that? Amigao (talk) 21:11, 26 February 2023 (UTC)
- I do.[1]https://www.scmp.com/news/china/economy/article/2098755/how-communist-party-controls-chinas-state-owned-industrial-titans
- “The SASAC, a state asset watchdog created in 2003 to directly supervise the country’s biggest industrial players”
- It says very succinctly in the name: State-owned Assets Supervision and Administration Commission; it's not an economic entity in the sense that it doesn't have corporate personhood ie it's not a company, but a government commission. SASAC doesn't own any of the companies it supervises because it isn't the Chinese government by itself and it cannot be a parent company because it isn't a corporate entity, specifically in this case a holding company. Andro611 (talk) 01:17, 1 March 2023 (UTC)