USEUROPEAFRICAASIA 中文双语Français
Home / Top News

Family members barred from owning companies

By Zhang Yi | China Daily | Updated: 2015-05-05 07:54

Spouses and children of senior government officials in Shanghai have been prohibited from setting up companies in the city.

The move - the latest salvo in the campaign against corruption - is aimed at eradicating nepotism.

Under a new regulation that took effect on Friday, 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.

Family members barred from owning companies

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US