China to inspect all major state-owned enterprises

[Yizhi]

China to inspect all major state-owned enterprises

BEIJING, Jan. 14 (Xinhua) -- Following an important review meeting on corruption efforts that concluded on Wednesday, anti-graft authorities have been set the task of inspecting all major state-owned enterprises (SOE) this year, a communique issued after the meeting said.

The communique was released after the three-day fifth plenary session of the Communist Party of China's (CPC) 18th Central Commission for Discipline Inspection (CCDI).

Inspectors must also step up supervision on SOEs across the board, the document said.

The document did not explicitly define the SOEs to be inspected. Normally the term is used to refer to 153 state-owned enterprises supervised by the State Council's State-owned Assets Supervision and Administration Commission, as well as state-owned banks and other financial institutions supervised by State Council commissions.

Inspections on ministries, provincial governments, big SOEs and public institutions have been coordinated since 2013.

Six SOEs under the care of the central government have been inspected and in the latest round eight more were scrutinized.

Internal inspections have led to several inquires into SOE executives, including Ren Yong, assistant general manager of Dongfeng Motor Corp.; and China Southern Airlines's vice general manager Chen Gang and its operations director Tian Xiaodong.

The CCDI will also establish new offices in eight central government departments and the CPC Central Committee, according to the communique.

The CCDI currently has offices in 52 of over 140 central Party and government departments. In December, it established seven new offices in central government departments, the CPC Central Committee, the top legislature and national political advisory body.

China to inspect all major state-owned enterprises - Xinhua | English.news.cn

 

[Yizhi]

China Focus: Senior officials, state firms, fugitives to be anti-graft priorities in 2015

BEIJING, Jan. 14 (Xinhua) -- China's top corruption eradication authority on Wednesday put forward seven priorities for 2015, including tighter scrutiny of senior officials and intensified efforts to track down corrupt fugitives hiding abroad.

A communique, issued after the fifth plenary session of the Communist Party of China's (CPC) Central Commission for Discipline Inspection (CCDI), which ended on Wednesday, listed the priorities as follows:

-- The top task for 2015 will be the tightening up of internal management and ensuring central leadership policies are implemented. The CCDI demanded that senior officials "toe the line" and that cronyism, fakery and sycophancy would not be tolerated.

-- All state-owned enterprises (SOEs) under the care of the central government will be subject to inspections and supervision will be tightened on SOEs across the board.

-- The heads of Party and government departments, and state-owned enterprises will be held accountable for any serious corruption cases that happen under their charge.

-- The rooting out of harmful working practices, including abuse of public money and bureaucracy, will continue.

-- Officials in key positions who use their influence in infrastructure projects and public land deals, embezzle state-owned assets, or buy and sell government posts will face serious penalties.

-- Disciplinary inspection organs will strengthen international cooperation in the hunt for fugitive officials and asset recovery.

-- The CCDI will build a loyal, clean, responsible discipline inspection team. Incompetent inspectors will be replaced and those who look the other way would be punished.

The session, which was attended by 125 CCDI members, reviewed and passed a report presented by Wang Qishan, the CCDI chief. PresidentXi Jinping also addressed the assembled members, which included many senior Chinese leaders, about the country's corruption eradication efforts.

The session evaluated that the achievements of 2014 were made possible thanks to the Party's firm leadership, joint efforts by all Party organizations and members, the public's support and the hard work of discipline inspectors.

The communique said the campaign required political composure, restraint and patience, but stressed that it was not just a "whirlwind campaign" and efforts should not spur "mass movements" that disturb social order.

"The anti-corruption campaign should continue forward steadily, step by step," the document said.

Combatting corruption needs the support and participation of the public and more "positive energy" from the public and media would be of great benefit.

Acts of defiance toward countercorruption measures and actions that spark intense public criticism will be "cleaned up", the document went on.

China's fierce anti-corruption campaign in 2014 saw a number of high profile cases that shocked the country, including Zhou Yongkang, former member of the Standing Committee of the Political Bureau of the CPC Central Committee; and Xu Caihou, former vice chairman of the Central Military Commission.

According to the CCDI, cases involving 68 high-level officials are under investigation or have been closed.

A total of 71,748 Chinese officials were punished in 2014 for violations of the eight-point anti-graft rules.

China Focus: Senior officials, state firms, fugitives to be anti-graft priorities in 2015 - Xinhua | English.news.cn

 

[Echo_419]

China Focus: Senior officials, state firms, fugitives to be anti-graft priorities in 2015

BEIJING, Jan. 14 (Xinhua) -- China's top corruption eradication authority on Wednesday put forward seven priorities for 2015, including tighter scrutiny of senior officials and intensified efforts to track down corrupt fugitives hiding abroad.

A communique, issued after the fifth plenary session of the Communist Party of China's (CPC) Central Commission for Discipline Inspection (CCDI), which ended on Wednesday, listed the priorities as follows:

-- The top task for 2015 will be the tightening up of internal management and ensuring central leadership policies are implemented. The CCDI demanded that senior officials "toe the line" and that cronyism, fakery and sycophancy would not be tolerated.

-- All state-owned enterprises (SOEs) under the care of the central government will be subject to inspections and supervision will be tightened on SOEs across the board.

-- The heads of Party and government departments, and state-owned enterprises will be held accountable for any serious corruption cases that happen under their charge.

-- The rooting out of harmful working practices, including abuse of public money and bureaucracy, will continue.

-- Officials in key positions who use their influence in infrastructure projects and public land deals, embezzle state-owned assets, or buy and sell government posts will face serious penalties.

-- Disciplinary inspection organs will strengthen international cooperation in the hunt for fugitive officials and asset recovery.

-- The CCDI will build a loyal, clean, responsible discipline inspection team. Incompetent inspectors will be replaced and those who look the other way would be punished.

The session, which was attended by 125 CCDI members, reviewed and passed a report presented by Wang Qishan, the CCDI chief. PresidentXi Jinping also addressed the assembled members, which included many senior Chinese leaders, about the country's corruption eradication efforts.

The session evaluated that the achievements of 2014 were made possible thanks to the Party's firm leadership, joint efforts by all Party organizations and members, the public's support and the hard work of discipline inspectors.

The communique said the campaign required political composure, restraint and patience, but stressed that it was not just a "whirlwind campaign" and efforts should not spur "mass movements" that disturb social order.

"The anti-corruption campaign should continue forward steadily, step by step," the document said.

Combatting corruption needs the support and participation of the public and more "positive energy" from the public and media would be of great benefit.

Acts of defiance toward countercorruption measures and actions that spark intense public criticism will be "cleaned up", the document went on.

China's fierce anti-corruption campaign in 2014 saw a number of high profile cases that shocked the country, including Zhou Yongkang, former member of the Standing Committee of the Political Bureau of the CPC Central Committee; and Xu Caihou, former vice chairman of the Central Military Commission.

According to the CCDI, cases involving 68 high-level officials are under investigation or have been closed.

A total of 71,748 Chinese officials were punished in 2014 for violations of the eight-point anti-graft rules.

China Focus: Senior officials, state firms, fugitives to be anti-graft priorities in 2015 - Xinhua | English.news.cn

Good News looks like the President Xi is very serious about combating corruption

 

[Yizhi]

Good News looks like the President Xi is very serious about combating corruption

SOEs are the most difficult part. it's like the wall-street of US, luckily we are doing something about it.

 

[Echo_419]

SOEs are the most difficult part. it's like the wall-street of US, luckily we are doing something about it.

Indeed we are facing the same problem right now with the SOEs to much Worker Unions & stuff like that affects their efficiency

 

[ChineseTiger1986]

We must fix our SOEs, since this is the backbone of our economy.

Only with the thriving SOEs, then our POEs could thrive as well.

 

[Yizhi]

China, U.S. discuss economic fugitives
China, U.S. discuss economic fugitives - Xinhua | English.news.cn

BEIJING, Jan. 15 (Xinhua) -- Judicial authorities from China and the United States on Thursday discussed cooperation in the hunt for fugitives and asset recovery.

The discussion was organized by China's Ministry of Public Security and brought together representatives from China's Supreme People's Procuratorate; its ministries of supervision, foreign affairs and justice; and the U.S. Department of Justice; and Internal Revenue Service of the Department of the Treasury.

The meeting aimed to step up efforts to capture Chinese fugitives hiding in the United States. It will last until Friday, with a focus on laws and evidence hand-over.

China has reinforced its hunt for economic fugitives, including many corrupt officials suspected of graft. Last year's "Fox Hunt 2014" operation saw 680 such offenders brought to task.

However, China has yet to pen an extradition pact with either the United States or Canada, two very attractive places for suspected economic fugitives to hide.

The Ministry of Public Security said it would conduct more talks with U.S. law enforcement authorities this year, including the Federal Bureau of Investigation and Immigration and Customs Enforcement.

 

[Yizhi]

China's state-assets manager gets even tougher on graft
English.news.cn 2015-01-19



BEIJING, Jan. 19 (Xinhua) -- Corruption remains a big problem at China's state-owned enterprises (SOEs) with 154 officials suspected of graft last year, the top state-assets authority said Monday.

The cases were handed over to prosecutors and more than 900 million yuan (147 million U.S. dollars) of economic losses incurred were recovered, according to the State-owned Assets Supervision and Administration Commission (SASAC).

Commission chairman Zhang Yi said that corruption and other illegal practices such as embezzlement and the squandering of state assets are typical problems.

"From these cases, we can see that corruption is still out of control," Zhang said at an anti-corruption conference targeting central government-administered SOEs in Beijing.

A total of 112 central SOEs are currently under the supervision of the SASAC.

"We must recognize that the war against corruption is a long-term task. We must maintain our determination and confidence in clamping down corruption," Zhang said.

Jiang Jiemin, former head of the SASAC, was expelled from the Communist Party of China for serious discipline and law violations in June last year.

 

[Yizhi]

Over 53,000 officials investigated in first 11 months of 2014
English.news.cn | 2015-01-22
BEIJING, Jan. 22 (Xinhua) -- China's prosecuting authorities probed 53,043 officials for suspected corruption in the first 11 months of 2014, with 24 at or above ministerial levels, including Zhou Yongkang.

The total number was up 7 percent from the same period in 2013, the Supreme People's Procuratorate (SPP) said at a meeting on Thursday, without saying how many of them were prosecuted.

They arrested or persuaded 664 duty-crime suspects that fled the country to return.

The SPP also said it would strengthen investigating officials involved in areas such as the major construction projects, land transfers and mineral resources exploitation.

The SPP also announced it would establish a new "general administration for the graft fight" in 2015, upgrading its anti-corruption bureau set up in 1995.