China tightens integrity rules for leaders of state-owned enterprises
Source: Xinhua | 2026-03-23 | Editor:Doe
China has issued revised regulations on honest and clean conduct of leaders of state-owned enterprises (SOEs), reinforcing stricter supervision to prevent corruption and protect state assets.
The rules, first approved by the Political Bureau of the Communist Party of China (CPC) Central Committee in 2009 and recently revised, were released by the general offices of the CPC Central Committee and the State Council on Feb. 28.
The rules apply to leaders at wholly state-owned and state-controlled enterprises, as well as enterprises effectively controlled by the state, including financial firms and their branches.
The enterprise leaders are required to stay loyal to the Party, act lawfully and transparently, avoid conflicts of interest, protect workers' rights and public interest, and practice frugality in line with central directives.
They are prohibited from abusing power, harming state assets, using their positions for private gains, engaging in unauthorized commercial activities or investments, nepotism or favoritism, pursuing short-term political achievements that endangers enterprise stability, as well as from formalism, bureaucratism, extravagance and misuse of corporate funds for personal or improper purposes, according to the regulations.
The document mandates annual reporting from such leaders and regular Party-led oversight, as well as targeted inspections and integration of Party supervision with audit, regulatory, shareholder and employee oversight.
The regulations highlight special anti-risk measures for overseas operations, and stricter exit controls for departing leaders.
For violators, the document states that disciplinary, administrative and criminal penalties will be imposed where applicable.
You May Like
-
China-UK Economic and Trade Forum highlights shared commitme...
The 8th China-UK Economic and Trade Forum was held in London on Wednesday, bringing together around 350 representatives from government, business, finance and...
InKunming 2026-03-19 -
China's economy remains a sturdy anchor in choppy waters
The curtain fell last Thursday on an important political gathering in China this year. As the "two sessions" concluded, Beijing sent an unequivocal message to a...
InKunming 2026-03-18 -
Chinese FM says power politics has no future
Chinese Foreign Minister Wang Yi on Tuesday said that power politics and unilateral bullying win no heart and have no future, calling for strengthened coopera...
InKunming 2026-03-18 -
China issues guideline to advance child-friendly development
China has rolled out a guideline to advance child-friendly development across society, aiming to better protect minors' lawful rights and interests and promote ...
InKunming 2026-03-18 -
China to tilt medical insurance funds toward primary-level h...
China will channel more medical insurance resources toward primary-level healthcare institutions to make medical services more accessible and affordable for r...
InKunming 2026-03-18 -
Interview: China's high-tech driven development to reinforce...
China's emphasis on high-tech and the large-scale industrial development of emerging technologies, such as artificial intelligence and digital technologies, w...
InKunming 2026-03-17 -
China, U.S. hold candid, in-depth, constructive talks on eco...
The Chinese and U.S. delegations held candid, in-depth and constructive exchanges and consultations here from Sunday to Monday on economic and trade issues of m...
InKunming 2026-03-17 -
Interview: China's new five-year plan underscores innovation...
InKunming 2026-03-17 -
China Focus: From tradition to trend: China-chic reshapes co...
Inside the five-carriage tram, passengers are able to purchase modern-style Chinese teas in diverse flavors, from guava and jasmine-apricot peel to sea salt mil...
InKunming 2026-03-17 -
China expands pilot cities for cross-border trade facilitati...
China will expand its pilot cities for a cross-border trade facilitation campaign to 45 in 2026, up from 25 in 2025, the General Administration of Customs (GAC)...
InKunming 2026-03-17
