Provisional Regulations on the Supervision and Administration of State-owned Assets of Enterprises Article 7 People's governments at all levels shall strictly implement the laws and regulations on the management of state-owned assets, adhere to the separation of the government's social public management functions from the functions of state-owned assets investors, adhere to the separation of government from enterprises, and implement the separation of ownership and management rights. State-owned assets supervision and administration institutions do not exercise the government's social public management functions, and other government agencies and departments do not perform the duties of investors in state-owned assets of enterprises.