Does Sinopec belong to the system

Sinopec belongs to the system. Upon inquiry, it is known that the full name of Sinopec is sinopec group. As one of the largest petrochemical enterprises in China, it is a central enterprise directly supervised by the State-owned Assets Supervision and Administration Commission of the State Council. This means that organizational structure, personnel management, financial management and other aspects are directly managed and controlled by the state and can be considered as part of the system. System refers to the organizational system composed of state organs, state-owned enterprises and institutions within the state administrative management system. China Petrochemical Group is the largest supplier of refined oil and petrochemical products in China and the largest oil refining company in the world. China Petrochemical Group ranked 1 in the list of "Top 500 Global Manufacturing Industries" published by global manufacturers group in 20 17.