SASAC 1  SASAC 2 

SASAC Meeting With US House of Representatives:
Ways and Means Committee

 SASAC at Los Angeles Mayor's Office
Dept of International Trade

 

The International Law Institute is honored to have worked closely with China's State-Owned Assets Supervision and Administration Commission of the State Council [SASAC] on training designed to define U.S. policy, methodologies, legal regulations and compliance issues pertaining to Chinese State Owned Enterprises [SOEs] and their affiliates investing in the United States. The program also discussed current and future status of the US-Sino Bilateral Investment Treaty.

SASAC is responsible for all State-Owned Enterprises in China and operates approximately 113 central SOEs with additional investments in provincial and municipal entities.  China's SOEs operate domestically in China, as well as internationally. SASAC promotes and regulates China's SOEs outbound investments globally.  [http://www.sasac.gov.cn]

Training was conducted in Washington, DC and Los Angeles.

  

SASAC 3
Quinn Emanuel, LLP Discusses Protocols of Corporate Counsel in the US

 

The delegation was comprised of senior level officials representing central and provincial SASAC bureaus and central and provincial SOEs and investment firms.

The delegation was led by Mr. Yi Xuedong, Division Chief - Bureau of Policies, Law and Regulations – SASAC [Central Office – Beijing] along with Mr. Li Miao, Investigator - Bureau of Property Rights Management – SASAC; and Mr. Li Shuo, Cadre - Bureau of Laws and Regulations.

Included in this esteemed delegation were: Mr. Xu Risheng – Power Construction Corporation of China, Ltd.; Mr. Hu Aimin – Baosteel Group Corporation; Mr. Zhang Rui – China Merchants Group Ltd.; Mr. Zhu Ge - China Beijing Equity Exchange; Mr. Wang Huaiyuan – China Telecommunications Corporation; Mr. Lu Xizhu – China Metallurgical Geology Bureau; Mr. Ci Zhengkai – CCCC Second Harbor Consultants Co. Ltd.; Ms. Liu Hong -  China Academy of Building Research; Mr. Xing Yonggang – China National Pharmaceutical Group Corporation; Mr. Zhang Xiangnan – China Nonferrous Metal Mining Group Co. Ltd.;  Mr. Huang Qiang – China National Aviation Holding Company; Ms. Chen Xiaohong – SINOCHEM Group; Mr. Zheng Jinliang – China Academy of Telecommunication Technology; and Mr. Yu Qianyong – SASAC of Heilongjiang Province.

This program was supported by an extraordinary team of training partners from the U.S. government, academia, law firms and private sector organizations.  This program provided the delegation unprecedented access to U.S. policy officials and legal experts.

ILI most respectfully acknowledges assistance from Prof. Theodore Moran, Georgetown University; the U.S. House of Representatives – House Ways and Means Committee; the law firm of Akin Gump, Straus, Hauer, Feld, LLP.; the law firm of DLA Piper, LLP; the law firm of Baker & McKenzie, LLP;  U.S. Treasury – Committee on Foreign Investment in the United States [CFIUS]; U.S. Securities and Exchange Commission; Office of the U.S. Trade Representative; U.S. Department of Commerce; U.S. Department of State; Lead Negotiators for the US/SINO BIT; the World Bank; representatives from Marsh USA/Guy Carpenter/Oliver Wyman/Mercer; the law firm of Dentons, LLP; Roundtable of Chinese American Organizations; the law firm of Quinn Emanuel, LLP; the law firm of Morgan Lewis, LLP; and office of Los Angeles Mayor Eric Garcetti – Department of International Trade.

Special appreciation to Ms. Wang Kun; Ms. Ren Jie; Ms. Hu Qing; Ms. Wang Qian; Ms. Zou Yingjun; Ms. Sunny Wang and Mr. Wu Fan for their expert development and administration. Robert Sargin, ILI Deputy Director led this program.

 

SASAC 4 SASAC 5

Meeting with US Dept of Commerce; US Dept. of State;
Office of the US Trade Representative; US-SINO BIT Negotiators.
Ms. Audrey Winter, USTR (left center) and Mr. Yi Xuedong,
SASAC (right center) Providing Concluding Statements 

SASAC at World Bank

 

The International Law Institute is very proud of our long and constructive relationship with the People’s Republic of China beginning in 1979.  We hope that this training and conferences will provide a greater understanding of Chinese foreign investment in the U.S. and provide mutual benefit to both countries.

 

January 2015 - - Robert Sargin