What is the correct statement about the fifth institutional reform in the State Council in 2003?

What is the correct statement about the fifth institutional reform in the State Council in 2003?

1. Deepen the reform of the state-owned assets management system and set up the State-owned Assets Supervision and Administration Commission of the State Council (hereinafter referred to as SASAC) as an ad hoc institution directly under the State Council.

2. Improve the macro-control system, reorganize the State Development Planning Commission into the National Development and Reform Commission (hereinafter referred to as the Development and Reform Commission), and no longer retain the State Economic and Trade Commission and the Ministry of Foreign Trade and Economic Cooperation.

3. Improve the financial supervision system and establish the China Banking Regulatory Commission. In order to strengthen financial supervision, ensure the safe, stable and efficient operation of financial institutions and improve the ability to prevent and resolve financial risks.

4. Promote the reform of circulation management system and set up the Ministry of Commerce. The Ministry of Commerce is an integral part of the State Council, responsible for domestic and foreign trade and international economic cooperation.

5. Strengthen the construction of food safety and production safety supervision system, and set up the National Food and Drug Administration of the United States on the basis of the State Pharmaceutical Products Supervision Administration, which is still directly under the State Council.