China starts new inspection targeting Party, financial organs
Xinhua, October 31, 2015 Adjust font size:
China has kicked off a new round of anti-corruption inspection as graft-busters marched into 31 key state and party organs, many of which are major financial institutions including the central bank and securities regulator.
The 31 included the National Bureau of Statistics, People's Bank of China, China Securities Regulatory Commission, State Administration of Foreign Exchange, China Investment Corp and CITIC Group Corporation, according to a central statement issued on Saturday.
Others include the China Life and the People's Insurance Company of China, two insurance giants, and the Central Committee of the Communist Youth League of China, the CPC's assistant and reserve force, Ministry of Education and Party history research office under the CPC Central Committee.
Inspectors from the Communist Party of China's Central Commission for Discipline Inspection will stay at these organs for two months and accept complaints and tip-offs, said the statement.
The inspection has been the third of this year, which is regarded by CPC as an effective method to uncover internal corruption and improve work style. Wrongdoings were publicized and some officials were fired following the inspections. Endi