Releasing a strong signal of anti-corruption in this field, the Central Commission for Discipline Inspection has issued a notice to senior executives of central enterprises for nine consecutive reviews | management personnel | consecutive releases
On June 8th, the website of the Central Commission for Discipline Inspection and the National Supervisory Commission announced that seven managers of central enterprises are suspected of serious violations of discipline and law and are currently undergoing disciplinary review and supervisory investigation. This is the 9th batch of information released by the Central Commission for Discipline Inspection and the National Supervisory Commission recently regarding the review and investigation of state-owned enterprise managers. State owned assets and central enterprise management personnel have received a concentrated release of review and investigation information, releasing a strong signal of continuous deepening of the rectification of corruption in the field of state-owned enterprises, increasing efforts to investigate and handle cases, and being strict to the end.
Since the 18th National Congress of the Communist Party of China, there have been significant changes in the state-owned economy, with significant improvements in the quality and efficiency of the development of state-owned assets and enterprises. Data shows that the total assets of central enterprises increased from 31.4 trillion yuan in 2012 to 81 trillion yuan by the end of 2022. The three-year action plan for state-owned enterprise reform from 2020 to 2022 has strengthened the independent market position of state-owned enterprises, achieved significant results in improving corporate governance mechanisms and operating systems, optimizing the layout and structure of the state-owned economy, and promoted the formation of a more mature and standardized modern enterprise system with Chinese characteristics and a state-owned asset supervision system mainly focused on capital management. It has promoted the deep integration of state-owned enterprises with the market economy, becoming a "stabilizer" and "ballast stone" for economic and social development.
At the same time, it should also be noted that the current situation of party conduct and anti-corruption construction in state-owned and central enterprises is still severe and complex. In some areas where power is concentrated, capital is intensive, and resources are abundant, responsibility, work style, and corruption issues are intertwined. In key links such as major projects, material procurement, mergers and acquisitions, and mixed ownership reform of state-owned enterprises, profit transmission and fishing in troubled waters are carried out. Some spouses, children, and their spouses of state-owned and central enterprise leaders, as well as their relatives and staff, use their influence to seek personal gain and corruption. "White gloves", "firewalls", shadow companies, and shadow shareholders have become the "legal cover" for related party transactions and rent-seeking, while corrupt elements who embezzle state-owned assets have become more cunning in their covert means of mutation. This has set obstacles for state-owned assets and central enterprises to become bigger, better, and stronger, and to fulfill important responsibilities in accelerating the construction of a new development pattern and promoting high-quality development. They also play an important role in serving and safeguarding the national development strategy, preventing and resolving major economic and financial risks.
The anti-corruption of state-owned assets and central enterprises is not only an important component of resolutely winning the long-term battle against corruption, but also a necessary part of better coordinating development and security, continuously improving the modernization level of the governance system and capacity of state-owned assets and central enterprises, and ensuring the stable and far-reaching development of the national economy. In order for state-owned enterprises to achieve high-quality development of the national economy, they must increase their anti-corruption efforts, strengthen the management of national resources and state-owned assets, and eliminate development risks.
Since this year, the Central Commission for Discipline Inspection and the State Supervision Commission have successively reported a number of state-owned central enterprise management personnel, including the former party group member and deputy general manager of State Power Investment Corporation, Xia Zhong, deputy secretary of the party committee and vice chairman of the China Electricity Council, Yang Boda, former secretary of the party committee and chairman of middling coal Group middling coal Xinji Energy Co., Ltd., and Lai Jianming, former secretary of the party committee and deputy general manager of China Southern Airlines Co., Ltd. Hainan Branch of China Southern Airlines Group, to accept the review and investigation information. The cases of Party committee management cadres of centrally managed enterprises, members of the leadership team of central enterprises managed by the Party committee of the State owned Assets Supervision and Administration Commission, and their Party committee management cadres suspected of serious violations of discipline and law being filed for review and investigation have become the top priority for centralized release. Standardizing the release of information on the acceptance of review and investigation by management personnel of state-owned assets and central enterprises, exploring the establishment of a centralized release mechanism for review and investigation information, and releasing serious violations of discipline and law cases investigated by disciplinary inspection and supervision institutions of affiliated units in batches, is forming a strong publicity and warning effect, allowing the public and party members and leading cadres to see the firm determination of the central government to combat corruption.
The Central Commission for Discipline Inspection and the National Supervisory Commission have issued a centralized report on the review and investigation of information, releasing a strong deterrent effect. It also provides us with the opportunity to explore the characteristics and laws of corruption in a specific field, accelerate the establishment and improvement of modern enterprise systems, clarify functions to make accountability more accurate, improve mechanisms to make decision-making more transparent, deepen reforms to make operations more standardized, and draw inferences to promote the high-quality development of state-owned assets and central enterprises.