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Minister of Supervision: It Is Very Dangerous for Entrepreneurs to Seek Political Power

Yang Xiaodu, Deputy Party Secretary of the Central Commission for Discipline Inspection (CCDI) and Minister of Supervision gave a keynote speech at China’s Top Leaders Development Forum. Yang seemed to indicate that the CCDI wants to target some business tycoons and their connections with those having political power.

Yang pointed out that some entrepreneurs are extremely willing to deal with government officials. There are two abnormal situations. “One is when capitalists want to receive special treatment. However, that violates the market economy’s fair competition principle.” “Another one is when capitalists seek political power after grabbing economic power. This is very dangerous.”

“China’s enterprises have huge wealth, but the purpose is to benefit the public and society … It cannot become a tool and a means to corrupt government officials for the sake of their own enterprise’s interests.”

Source: The Paper, March 18, 2017
http://www.thepaper.cn/newsDetail_forward_1642345

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