Chinese Officials Post Financial Data Online, Second Time Happens In The Country History For Local Officials

Posted on Sep 28 2012 - 6:06am by Editorial Staff

We know that technology plays an important role in today’s world, but how much it is important depends from person to person. According to China Daily, fourteen country officials who are gearing up for promotion in Zhejiang province have declared their incomes and personal assets to the public online on the Pan’an county government website.

For instance, Hu Yuxian, who is in line to become the next head of a township, having an annual income of 62,123 yuan ($9.860) from her job as secretary of the county’s Communist Youth League committee. She also reported to have two housing estates, one measuring 143.95 square meters bought by her family and another measuring 304.17 square meters, which she inherited.

The purpose of publicly declaring information so as “to ensure newly promoted officials do not have any problems regarding properties.” While if any false information, the candidate will lose the chance of promotion and will even be punished. This is the second time local officials being asked to declare their personal assets to the public.

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Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.