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China - Government corruption investigation of Zhou Yongkang will involve entities responsible for 1/2 of total national GDP

sharon sanders

Editor-in-Chief & President
Zhou Yongkang, government-business relations throughout 11 provinces touch China 27 trillion GDP
MacroeconomicTencent Finance [ microblogging ] 2014-07-30 13:35I want to share 591


July 29 evening 6:00, the commission website announced that in view of alleged serious violation of Zhou Yongkang, the CPC Central Committee decided, in accordance with "the Communist Party of China Constitution," the relevant provisions, and "the Chinese Communist Party discipline inspection organs case check Work" by the CPC Central Committee Discipline Inspection Commission to initiate an examination.

And in front of the central government decided to initiate the review Zhou Yongkang, the media has been keen sense of smell through the "wealthy Road" son of Zhou Yongkang coast of traceability, and on the oil under Woan and sacked many executives involved in the association excavations, one in Zhou Yongkang large commercial power system already under the shadow of asylum emerge.

According to Tencent Finance comb, as of now, around the investigation of the case of Zhou Yongkang, has been involved in Sichuan, Hainan, Beijing, Heilongjiang, Hubei, Shanxi, Shaanxi, Jilin, Qinghai, Guangdong, Jiangsu and other 11 provinces and cities, as well as the oil, CNOOC two central enterprises. Due to a number of provinces are ministerial and deputy ministerial level officials and business executives involved in an important tax case sacked weeks, have a greater impact on the local economy.

GDP in 2013 according to the above-mentioned provinces projections, investigate cases of Zhou Yongkang, the touch to 27.8872 trillion yuan GDP, this figure accounted for nearly half of 56.8845 trillion total national GDP last year.

http://finance.qq.com/a/20140730/042998.htm
 
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