State Development and Investment Corporation (SDIC) (国家开发投资公司) is the largest state-owned investment holding company in China.[1] It was established on 5 May 1995. SDIC's industrial investment mainly goes to power generation,[2] coal mining,[3] ports and shipping, chemical fertilizer 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 (SASAC) of the State Council of China,[4] SDIC plays a role in optimizing the structure of state sector of the economy.
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References
- East Asia and food (in)security Routledge, 2016^
- Becker Franz, Baus-Neufang Bernhard, Seeliger Andreas. Integrated planning of the partially automated Banji coal mine in China Procedia Earth and Planetary Science, September 2009^
- Marc Velinski. China's Ambiguous Positions on Climate and Coal French Institute of International Relations, 19 September 2019, retrieved 11 March 2023^
- Yingyao Wang. The rise of the 'shareholding state': financialization of economic management in China Socio-Economic Review, July 2015, retrieved 11 March 2023^