[China]General Office of CCCPC Issues Regulations on Management of Businesses Run by Spouses, Children and Their Spouses of Leading Cadres
China Economic Network 2022-06-19
Recently, the General Office of the Central Committee of the Communist Party of China (CPC) issued the Regulations on the Management of Businesses run by the Spouses, Children and Their Spouses of Leading Cadres (hereinafter referred to as the "Regulations") and issued a notice requesting the relevant party committees (party groups) and their organizational (personnel) departments to raise their political stance, compact their management responsibilities, improve their working mechanisms, take the disciplinary requirements seriously and implement the Regulations without compromise.
To strengthen the management of business enterprises of spouses, children and their spouses of leading cadres is an important step in the overall strict governance of the Party and the strict management and supervision of cadres. The "regulations" to implement the new era of the party's organizational line, summarize the practical experience, the spouse of leading cadres, children and their spouses in business enterprise management of the applicable objects and circumstances, work measures, disciplinary requirements, etc. to make clear regulations for the standardization and restriction of power operation, from the source to prevent integrity risks, to promote the construction of leading cadres family style, has important significance.
The "regulations" make it clear that the leading cadres spouse, children and their spouses in business enterprise management of the applicable objects, mainly party and government organs, groups and organizations, enterprises and institutions department and bureau level and equivalent position above the level of leading cadres; business enterprise situation, mainly investment in starting enterprises, private enterprises or foreign-funded enterprises and other senior positions, private equity funds investment and practice, engaged in paid social intermediary and legal services, etc. The Regulations also provide for the establishment of enterprises, the holding of senior positions in private enterprises or foreign-funded enterprises, the investment and practice of private equity funds, and the engagement in paid social intermediary and legal services. The "Regulations" put forward the requirements for spouses, children and their spouses of leading cadres at different levels and in different categories to run businesses, with the higher the level of the position of the leading cadres, the stricter the requirements, and the comprehensive departments are stricter than other departments.
The "regulations" require that leading cadres report personal matters each year, should be truthfully fill in the spouse, children and their spouses in business enterprises, the annual centralized report after the newly generated business enterprises to report in a timely manner. The report of the leading cadres to carry out random checks and key checks, found about the business enterprises in violation of the provisions of the ban, ordered the leading cadres to make a statement, by their spouses, children and their spouses out of the business enterprises, or by the leading cadres themselves out of their current positions, to accept job adjustments, and depending on the circumstances to give the leading cadres the appropriate treatment and punishment.
The "regulations" require that the leading cadres do not truthfully report the situation of spouses, children and their spouses in business enterprises, spouses, children and their spouses in violation of the prohibition of business enterprises and business enterprises in the form of entrusted holding, hidden name investment and other forms of false exit, as well as the use of power for spouses, children and their spouses in business enterprises to provide facilities, for personal gain and other acts, should be dealt with seriously in accordance with the rules and discipline. The responsible units and personnel responsible for the failure of management resulting in serious consequences or adverse effects will be held seriously accountable.