The ratio was set immediately after the controls of the duopoly were transferred from the Ministry of Railways to State-owned Assets Supervision and Administration Commission (SASAC), both were entities of the State Council of the People's Republic of China.
The ratio was set immediately after the controls of the duopoly were transferred from the Ministry of Railways to State-owned Assets Supervision and Administration Commission (SASAC). Both SASAC and the ministry were entities of the State Council of the People's Republic of China.