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State Council (PRC)
The highest administrative authority of the People's Republic of China; the central people's government.
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state-owned assets
Property and economic resources owned by the state, including funds, fixed assets, and natural resources
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to supervise
to supervise, watch over, or inspect; to monitor and control a process or person to ensure rules are followed
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to manage; management
To manage, supervise, or administer (a business, organization, task, etc.), or to look after and maintain (equipment, files, etc.); management or administration
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committee
committee; commission; a body of people appointed or elected for a specific function or to lead an organization