The Communist Party of China has warned that cadres who take advantage of
their positions for insider trading on the stock market or allow their spouses
or children to take advantage of their influence in business will face
anti-corruption enforcement.
A communique released yesterday at the end
of a three-day plenary session of the Party's Central Commission for Discipline
Inspection also warned officials against several other unhealthy
practices.
These include accepting cash or financial instruments as
gifts, taking gifts at occasions such as weddings and funerals, occupying extra
apartments or circumventing the rules to buy affordable housing intended for low
and medium income earners.
The crackdown on corruption in 2008 will also
focus on officials who seek to profit from involvement in construction bids,
land sales, trading of property rights and government procurement, the
communique said.
Officials who buy or sell official posts or use social
connections with upper-level officials to solicit promotions, and those who
offer bribes during elections, will be severely punished, according to the
communique.
Officials who fail to implement orders from central
government or disregard bans ordered by central government will be asked to
amend, so as to ensure the Party's decisions be smoothly implemented on matters
such as market price regulation and control, energy conservation and pollutant
discharge reduction, fixed assets investment, land management and real estate
market regulation.
Special efforts will also be made to rectify official
malpractice in the fields of environmental protection, food and medicine safety,
work safety, and land appropriation which ordinary citizens always pay great
attention to and are loudly critical of, according to the
communique.
Supervision will be intensified on the management of social
security funds, housing accumulating funds and special funds for poverty and
disaster relief.
The communique said the intensity of the fight against corruption will be
maintained. Corrupt cases involved leading officials will be targeted. Collusion
between officials and businessmen, trades between power and money, power and
eroticism will be severely dealt with. As well as punishment under the legal
code, cadres behaving badly can expect additional punishment including dismissal
from their posts and expulsion.
Corruption in construction projects, land
management, mineral resources, as well as corruption in state-owned enterprises,
financial institutions and the judicial system will be severely
punished.