 These SOEs include the China State Shipbuilding Corporation (CSSC) and the China Shipbuilding Industry Corporation (CSIC).CSIC is the largest group in China in the field of design, manufacture, and trade of military and civil ships, marine engineering and marine equipment.CSIC is a very large state owned enterprise (SOE) supervised by The State Council, a state authorised institution of investment, to combine investment with the industry, industry with trade, research and production, undertaking scientific and technological research and design on ships, civil vessels, marine equipment, production and sales of civil electro- mechanical products.