China's government is to set up several new agencies to aid implementation of policy in key areas, South China Morning Post said. Possibly the most important change will be the setting up of a State Asset Management Commission that will be responsible for the management of China's 18,000 stateowned enterprises. It is expected to clarify and divide shareholdings of firms – currently often confusingly divided between different organs of government – to accel- erate restructuring and aid sell-off. It will be headed by Li Rongrong, 59, former head of the State Economic and Trade Commission.
In addition, a State Food and Drug Administration will be set up, while the State Family Planning Commission will be upgraded in order to improve 'research into population development strategy'.