RSSNewsletterSiteMapFeedback

Home · Weather · Forum · Learning Chinese · Jobs · Shopping
Search This Site
China | International | Business | Government | Environment | Olympics/Sports | Travel/Living in China | Culture/Entertainment | Books & Magazines | Health
Home / Business / News Tools: Save | Print | E-mail | Most Read | Comment
State firms put under closer watch
Adjust font size:

Prosecutors in Shanghai have called on the government to provide better supervision of State-owned companies under their jurisdiction, the Shanghai Municipal Prosecutors' Office said yesterday. 

Following five cases of corruption at a State-owned telecommunications company, the Shanghai Hongkou District Prosecutor's Office called on its governing ministry to appoint an independent official to supervise the firm, which it agreed to do.

 

Ju Guangjian, head of the crime prevention office on taking advantage of power, said the idea had been well received and was subsequently adopted by the district State-owned assets supervision and administration commission, which has applied it to all such enterprises in the Hongkou district.

 

In a similar case, the Shanghai Railway Prosecutor's office and Shanghai Xuhui district prosecutors' office asked for independent supervision of the construction of the Shanghai South Railway Station.

 

The idea was later applied to other major construction schemes, including the Yangshan Deepwater Port project.

 

Ju said he was pleased supervision has been improved.

 

"Following a suggestion by district prosecutors, the Pudong New Area district government appointed an official from the secretary of discipline inspection's office to supervise a new development zone," he said.

 

"It is good that independent officials are now supervising some key projects but more needs to be done."

 

Ju added that while a close eye was generally kept on government departments and State-owned companies that had a history of corruption, not enough was being done to prevent it happening elsewhere.

 

"Supervision of those in power, as a whole, is not good enough," he said.

 

Ju said corruption was most prevalent in departments and firms involved in sectors such as healthcare, construction and relocation, where both power and potential profits are at their highest.

 

He said several graft cases with a combined value of more than 400,000 yuan had been reported in the suburban Fengxian district involving hospital dental departments.

 

Also, this year alone, the Jinshan district prosecutors' office has dealt with 11 corruption cases involving relocation projects, he said.

 

In January 2006, prosecutors' offices in Shanghai introduced a records system for all those with convictions for offering bribes, Ju said. The information is available at all local prosecutors' offices to individuals and business representatives.

 

Ju said that on the first day of the information being made available, a representative of a local firm found the name of a potential business partner on the list and immediately severed ties with the man.

 

"In the future, even more records and information will be included in the system," Ju said.

 

(China Daily November 27, 2007)

Tools: Save | Print | E-mail | Most Read

Comment
Username   Password   Anonymous
 
China Archives
Related >>
Most Viewed >>
-China set to hit the brakes on rising yuan
-Power to resume shortly in worst-hit area by snow
-Macao's gaming market expands further
-Online operators are on top of the game
-Insurance firms set to stump up billions

May 15-17, Shanghai Women's Forum Asia
Dec. 12-13 Beijing China-US Strategic Economic Dialogue
Nov. 27-28 Beijing China-EU Summit

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?
SiteMap | About Us | RSS | Newsletter | Feedback

Copyright © China.org.cn. All Rights Reserved E-mail: webmaster@china.org.cn Tel: 86-10-88828000 京ICP证 040089号