China's General Office of the CPC Central Committee and the State Council have issued new regulations aimed at maintaining integrity among leaders of state-owned enterprises. The regulations explicitly prohibit these leaders from using their positions to seek personal gain. Specifically, Article 7 bans the acceptance or solicitation of gifts, cash, securities, virtual currency, or other valuables from related enterprises, business partners, or management service recipients. This prohibition extends to agreements to accept such items after leaving office or retiring.
China Bans State-Owned Enterprise Leaders from Accepting Virtual Currency
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