www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

  Full Coverages>China>2004 NPC & CPPCC>Delegates' Focus
   
 

China launching war on corruption in financial industry
(Xinhua)
Updated: 2004-03-11 18:02

Chinese anti-corruption officials have turn their sword to the financial industry and taskforce from related central government departments will be stationed in big state-owned commercial banks on an auditing mission this year.

"Central government leaders also issued concrete directives to persons in charge of financial institutions to cooperate with the taskforce," disclosed an official with the Communist Party of China's Central Commission for Discipline Inspection, attending the on-going annual session of the national legislature, on condition of anonymity.

Banking industry insiders acknowledged that corruption in the financial industry may be more destructive to the country's financial security than other problems.

Song Xingguo, head of the central bank's Shenyang Branch, listed non-performing loans (NPL), or bad loans, as the main source of corruption in the financial industry.

Statistics show that the outstanding NPL of major Chinese banks remained at 2.44 trillion yuan (289.96 billion US dollars) at the end of last year, with an NPL ratio of 17.8 percent, though the sum had been reduced. The big four solely state-owned commercial banks accounted for 1.91 trillion yuan (230.76 billion US dollars), with an NPL of 20.36 percent.

Song and many other legislators at the annual session who showed great concern on the issue expressed satisfaction with what the government has done to fight financial corruption.

Last month, Liu Jinbao, vice president of the Bank of China, one of the Big Four, was removed from his post for being involved in a case of economic crime, becoming the highest ranking banking official thrust down by the anti-corruption sword following Wang Xuebing, former governor of the Construction Bank of China. Wang was sentenced to 12 years imprisonment last year on a charge of accepting bribes worth 1.15 million yuan (139,000 US dollars) in 1993-2001.

The punishment of the senior banking officials shows "the government is stern and serious with corruption involving banks," said Gai Ruyin, a national legislator and mayor of Daqing City in northeastern Heilongjiang Province.

The lawmakers at the session agreed that the establishment of the China Banking Regulatory Commission last year meant a good beginning of the government move against corruption in the banking sector.

Early this year, the government decided to inject 45 billion US dollars into two of the Big Four, Bank of China and Construction Bank of China, to support their restructuring into joint-stock commercial banks. One of the objectives of the reform is to establish a sound corporate governance structure and strict internal control system.

Similar reform is also going on in other Chinese banks.

According to Xie Ping, director of the central bank's Research Bureau, the root cause of financial corruption lies in the monopoly of scarce resources. He urged efforts to promote market- oriented banking reform, saying it is a fundamental means to fight corruption in the financial industry.

 
  Story Tools  
   
 
     
主站蜘蛛池模板: 久久精品国产一区二区三区不卡 | 伊人情人综合网 | a理论片 | 日韩毛毛片 | 中文字幕99在线精品视频免费看 | 国产xh98hx在线观看 | 久久精品亚洲乱码伦伦中文 | 手机看片福利在线 | 欧美综合精品一区二区三区 | 免费久久精品视频 | 国产精品11p | 日本一级大黄毛片免费基地 | 亚洲m男在线中文字幕 | 欧美三级日韩三级 | 久草在线在线观看 | 精品国产精品国产 | 美女视频大全视频a免费九 美女视频大全网站免费 | 国产情侣普通话刺激对白 | 免费99视频有精品视频高清 | 九色福利 | 国产三a级日本三级日产三级 | 大量真实偷拍情侣视频野战 | 国产成人欧美一区二区三区的 | 国产精品一区二区三区四区五区 | 免费韩国美女爽快一级毛片 | 特黄特级a级黄毛片免费观看多人 | 国产一区在线看 | 精品成人免费视频 | 国产成人tv在线观看 | 手机在线看片福利 | 久久―日本道色综合久久 | 国产精品日韩一区二区三区 | 99久久香蕉国产综合影院 | 在线黄色影院 | 亚洲精品久久久久综合中文字幕 | 亚洲男人天堂视频 | 午夜爽爽爽 | 日韩欧美国产亚洲 | 免费观看性欧美毛片 | 成人久久18免费网 | 美女图片1314mm爽爽爽 |