Shang­hai of­fi­cials banned from com­pany own­er­ship

China Daily (Canada) - - FRONT PAGE -

Spouses and chil­dren of se­nior gov­ern­ment of­fi­cials in Shang­hai have been pro­hib­ited from set­ting up com­pa­nies in the city in a move aimed at erad­i­cat­ing nepo­tism.

Un­der a new reg­u­la­tion that took ef­fect last week, spouses of of­fi­cials at city level are not al­lowed to reg­is­ter com­pa­nies. Their chil­dren and their “chil­dren-in-law” are also barred from reg­is­ter­ing com­pa­nies in Shang­hai.

The reg­u­la­tion was is­sued by the Party com­mit­tee in Shang­hai and the mu­nic­i­pal gov­ern­ment.

Spouses of deputy sec­re­taries on the city Party com­mit­tee and in the city gov­ern­ment, of of­fi­cials at bureau level and of of­fi­cials in charge of State-run en­ti­ties are also banned from set­ting up firms. Their chil­dren and their chil­dren-in-law are not al­lowed to set up firms in the city with busi­ness re­lat­ing to the sec­tor where the of­fi­cials serve or which may con­flict with the public in­ter­est.

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