World News

Friday 25 July 2014

China chiefs 'must reveal wealth'

Published 08/11/2012|05:48

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A huge screen shows a broadcast of Chinese President Hu Jintao speaking at the opening session of the Congress in Beijing (AP)
A Chinese paramilitary policeman stands guard in front of Tiananmen gate in Beijing (AP)

Asset disclosure for Chinese officials is likely to be slowly phased in over time, a senior Communist Party leader said as the government grapples with the fraught task of rooting out corruption.

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The comments from Wang Yang, a member of the decision-making Politburo with a reputation as a reformer, came a day after the party opened a week-long congress to install a new leadership with a call to fight corruption.

Mr Wang told reporters that the province he runs, Guangdong, is exploring methods for officials to declare their wealth and that in the future public disclosure of assets will be required of all officials.

"I believe Chinese officials, in accordance with central rules, will gradually make public their assets," Mr Wang said after a meeting with congress delegates from Guangdong. He did not give a time frame.

His comments highlight the hand-wringing at many levels of the party over its inability to clamp down on the corruption by officials and their family members that has deepened public disgust and fed many of the tens of thousands of protests that hit China yearly.

At the congress's opening yesterday, President Hu Jintao warned that unrestrained graft threatened to topple the party's continued rule. He called on the party's 82 million members to be ethical and to stop their family members from trading on their connections to amass fortunes.

The congress itself had no public agenda on today. Delegations met separately to discuss the lengthy report Mr Hu delivered. But in fact, most of the delegates have little say over the main agenda. The selection of younger leaders to replace Mr Hu and his colleagues is done behind the scenes by the departing leadership, retired party elders and other power brokers.

Mr Wang's views matter. An ally of Mr Hu's from their days 30 years ago in the Communist Youth League, he has gone on to forge credentials as a reformer.

The idea of public asset disclosure has been batted about for years, if more loudly in recent months following a string of scandals.

A Politburo member, Bo Xilai, was cashiered after his wife murdered a British businessman, and he is accused of corruption and other misdeeds over two decades. An aide to President Hu was demoted this summer after his son crashed a Ferrari he should not have been able to afford. Foreign media have also reported that family members of Mr Hu's successor, Xi Jinping, and his prime minister, Wen Jiabao, have assembled vast fortunes.

Press Association

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