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China to revamp firms in anti-corruption drive

14th January 2004

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China's leaders have drawn up a list of priority tasks for tackling rampant corruption, targeting the financial sector and the restructuring of state-owned enterprises, state media said today.

The list was issued following a meeting this week of the Chinese Communist Party Central Commission for Discipline Inspection, the Xinhua news agency said.

It followed a lecture to the meeting by Chinese President Hu Jintao who demanded an acceleration of the government's ongoing clamp-down on graft.

"The Party shall never be appeasing any corrupt officials, or be soft-hearted toward them," Hu was quoted as telling the meeting, attended by all China's top leaders.

China's problem with official corruption is growing despite years of efforts to control it with serious embezzlement and bribery cases on the rise.

According to the bulletin issued after the meeting, the party will strengthen its efforts to investigate and handle major and important corruption cases.

It will also give priority to cases involving top officials at or above county levels who violate the party's political disciplines, or who are corrupt, take bribes and embezzle public money.

The commission will focus on cases involving construction projects, transfer of land-use rights, the financial sector and on cases involving restructuring and regrouping of state-owned enterprises that result in asset impairment losses.

It will also target law enforcement officers.

Graft has emerged as a source of considerable public discontent and a series of stern sentences in recent months have signaled Hu's determination to attempt to curb it.

The disgraced former vice-governor of Anhui province in eastern China was sentenced to death last month for corruption while the vice governor of scandal-plagued Liaoning province was sacked recently.

Elsewhere, the deputy mayor of the southern metropolis of Shenzhen was thrown in jail.

China last month signed the UN Convention Against Corruption in a move aimed at repatriating billions of dollars in public funds that have been siphoned off overseas by corrupt Chinese officials. – Sapa-AFP.
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