State-Owned Assets Supervision and Administration Commission of Shanghai
Background
The Shanghai municipal government established the early mechanical workshops in 1955 that grew into SAIC Motor.
Role at SAIC Motor
SAIC Motor was established as the industrial foundation of Shanghai's manufacturing economy. In 1984, municipal leadership spearheaded the landmark joint venture with Germany's Volkswagen Group. SAIC modernized China's automotive supply chain and transformed Shanghai into the undisputed automotive capital of East Asia.