Authorities have decided to set up an independent state-owned asset-management committee to control and boost the value of state assets, the semi-official China News Service said. 'The committee will be headed by government leaders and will consist of heads from all relevant economic departments as well as experts in state asset management,' Fan Hengshan, an official with the State Council Economic Restructuring Office, was quoted as saying. 'The taskforce will be responsible for managing and controlling main state-owned assets and work out ways to boost their value.'