China's anti-graft chief stresses disciplinary inspection of financial institutions

BEIJING -- China's top anti-graft official on Sunday stressed thorough disciplinary inspection of financial institutions to promote the high-quality development of the industry.

Zhao Leji, a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and head of the central leading group on disciplinary inspection, made the remarks during a conference ahead of the eighth round of disciplinary inspection by the 19th CPC Central Committee.

The new round of inspection targets Party committees of 25 financial institutions, including banks, stock exchanges, regulatory commissions, insurance companies, asset-management companies and other financial enterprises.