360° Coverage : Chinese city officials to declare assets

3 Updates

Chinese city officials to declare assets

Jan 22 2013, 1:40am CST | by

Beijing, Jan 22 (IANS) A district in a south China mega-city will be among the first to pilot a scheme requiring officials to declare their assets and make them known to the public amid increasing public outcry against corruption.

Beijing, Jan 22 — A district in a south China mega-city will be among the first to pilot a scheme requiring officials to declare their assets and make them known to the public amid increasing public...

Filed under: news

YouTube Videos

 
 
 

1 year ago

Chinese city officials to declare assets

Jan 22 2013, 1:40am CST | by

Beijing, Jan 22 (IANS) A district in a south China mega-city will be among the first to pilot a scheme requiring officials to declare their assets and make them known to the public amid increasing public outcry against corruption.

Beijing, Jan 22 — A district in a south China mega-city will be among the first to pilot a scheme requiring officials to declare their assets and make them known to the public amid increasing public outcry against corruption.

The Nansha New District of Guangzhou, capital of Guangdong province, will usher in a trial system after the Spring Festival, which falls Feb 10, to increase the transparency of the financial status of government officials, an official said Monday.

"The fight against corruption remains a tough task for China, and the public has high expectations for the system," Mei Heqing, spokesman for the city's anti-corruption watchdog, told a press conference.

"However, we must fully consider the current status quo while pushing forward the reform and prevent social turbulence caused by conflicts of interest," Xinhua quoted Mei as saying.

He noted that not all civil servants are required to declare their assets, as the system is mainly designed for officials holding major posts.

Meanwhile, assets that must be declared include civil servants' real estate holdings, the employment status of the spouses, sons and daughters of civil servants, and civil servants' investments, Mei said.

"The asset declaration and disclosure system is crucial to the fight against corruption, but it can not eradicate all the problems regarding corruption," he said.

"We need to push forward this reform in an active, yet gradual and orderly way," Mei said.

Similar pilot programs have already been put in place in parts of Xinjiang Uygur Autonomous Region and Hunan province.

IANS

Source: IANS

 
Update
3

3 days ago

More players tussling for property dollar here

Aug 17 2014 5:10pm CDT | Source: Business Times Singapore

August 18, 2014 12:59 AM[SINGAPORE] The tussle for Singaporeans' property dollar looks set to intensify with the opening of a sales office here by Australian player Walker Corporation and the initial launch of Princess Cove by Guangzhou-based R ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 
Update
2

4 weeks ago

China's Looming Bad Loans Are Good News For Distressed Debt Investors

Jul 23 2014 4:54am CDT | Source: Forbes Real Time

VideoHey, investors: Would you like acquiring private equity level returns for senior secured loan risks? That sounds pretty sweet, doesn't it? That's what Guangzhou-based Chinese distressed debt investment firm Shoreline Capital strives to offer. In the words of its co-founder Benjamin Fanger, his firm has achieved priv ...
Source: Forbes Real Time   Full article at: Forbes Real Time
 

 

Don't miss ...

 

<a href="/latest_stories/all/all/8" rel="author">Luigi Lugmayr</a>
Luigi is the founding Chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

blog comments powered by Disqus

Latest stories

Lizard tails may help humans get new limbs
New York, Aug 21 (IANS) Lizard tails have fascinated humans from ancient times, falling off and growing back just like new. Now, scientists have solved the mystery of how lizards can regenerate their tails.
 
 
'Suicide tourism' on rise in Switzerland: Study
London, Aug 21 (IANS) People packing their bags to Switzerland not to rest in its serenity but to end their lives through assisted suicide has doubled in four years, reveals a study.
 
 
Pain pills less effective in irritable bowel syndrome
Sydney, Aug 21 (IANS) Australian researchers have discovered that the immune system is defective in people suffering from irritable bowel syndrome and this renders pain treatment ineffective in such people.
 
 
Neanderthals probably had sex with modern humans: Study
London, Aug 21 (IANS) Neanderthals, the closest extinct relatives of modern humans who lived in Europe and Asia, did not disappear because of humans, a promising study reveals.
 
 
 

Latest from the Network

Lizard tails may help humans get new limbs
New York, Aug 21 (IANS) Lizard tails have fascinated humans from ancient times, falling off and growing back just like new. Now, scientists have solved the mystery of how lizards can regenerate their tails. They...
Read more on Apple Balla
 
We're bored, say grumpy policemen at Islamabad sit-ins
Islamabad, Aug 21 (IANS) Policemen deployed at the massive sit-ins here are their wits end since "nothing is happening" and the boredom is too much. Islamabad is swarming with police personnel who are deployed at the...
Read more on Politics Balla
 
'Suicide tourism' on rise in Switzerland: Study
London, Aug 21 (IANS) People packing their bags to Switzerland not to rest in its serenity but to end their lives through assisted suicide has doubled in four years, reveals a study. There are six right to die...
Read more on Apple Balla
 
Poynter, Goulding to marry?
London, Aug 21 (IANS) Star couple Dougie Poynter and Ellie Goulding are said to be contemplating taking the next step in their relationship and getting married. The singers are completely smitten with one another and...
Read more on Celebrity Balla
 
US gurdwaras to help project positive Sikh image
Washington, Aug 21 (IANS) Over 100 representatives from gurdwaras across the US have pledged support for National Sikh Campaign's plan to engage top US political operatives and media firms for presenting the community...
Read more on Politics Balla
 
Pain pills less effective in irritable bowel syndrome
Sydney, Aug 21 (IANS) Australian researchers have discovered that the immune system is defective in people suffering from irritable bowel syndrome and this renders pain treatment ineffective in such people. The gut...
Read more on Apple Balla
 
Jennifer Lopez's first book out in November
Los Angeles, Aug 21 (IANS) Singer-actress Jennifer Lopez has announced that her first book "True Love" will launch Nov 4. The 45-year-old took to Twitter to share the news, reports eonline.com. "Hola JLovers, my first...
Read more on Celebrity Balla
 
Pakistan political crisis: Lawyers on a day's strike
Islamabad, Aug 21 (IANS) Two lawyers' organisations observed a country-wide strike Thursday to support democracy and ensure supremacy of the constitution. The move comes amidst a political imbroglio following the...
Read more on Politics Balla
 
Nawaz Sharif meets president
Islamabad, Aug 21 (IANS) Prime Minister Nawaz Sharif Thursday discussed the current political imbroglio with President Mamnoon Hussain, a media report said. Nawaz Sharif called on the president at the Aiwan-i-Sadr in...
Read more on Politics Balla
 
Argentine driver charged with killing pope's relatives
Buenos Aires, Aug 21 (IANS/EFE) An Argentine truck driver, involved in an accident that killed four relatives of Pope Francis, has been charged with murder, officials said. Raul Pombo was charged Wednesday for killing...
Read more on Politics Balla