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Officials required to declare their assets

Officials required to declare their assets

Write: Ha-Neul [2011-05-20]

Dongguan has announced a new set of rules making it mandatory for high-ranking officials in the city's state-owned enterprises to declare their assets, Dongguan Times reported on December 6.

High-ranking officials working in Dongguan's state-owned enterprises have to declare their salary, subsidies, income from other sources such as lecturing, housing owned by the family, including spouse and children; the family's investments in unlisted companies, the family's investment in stocks, investment-oriented insurance and other financing products; and the employment of a spouse and children at home or abroad.

(By Morvin Chow)