Wang Qishan, Chairman of the Party's anti-corruption watchdog body the 'Central Discipline Inspection Commission' (CDIC) announced that the Party was expanding its anti-corruption drive and commencing inspections into 26 state-owned enterprises (SoEs).Wang Qishan said that some SoEs had exhibited "disciplinary" problems and that some leaders of SoEs had "bribed their ways up the party ladder".
The first round of inspections will involve 13 teams auditing 26 state-owned enterprises. Companies to be inspected include: China National Petroleum Corporation, China National Offshore Oil Corporation, China National Nuclear Corporation, Sinochem Group, China Huaneng Group, State Grid Corporation of China, China Ocean Shipping Company – known as COSCO Group – China Datang Corporation, China Telecom, China Mobile, and Shanghai Baosteel Group Corporation.
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