China Issues New Anti-Corruption Regulations

China has issued new anti-corruption rules requiring government officials to report their incomes, investments, personal assets and whereabouts of family members.

The state-run China Daily newspaper said Monday that the new rules, which went into effect Sunday, do not require that the information be made public, but it will be available to Communist Party officials, as well as prosecutors.

Critics say the new rules still do not go far enough, because they do not require transparency through public disclosure. The paper quoted Zhu Lijia, a corruption expert at the China Academy of Governance as saying," Sunshine is the best way to fight corruption."

The report said those who fail to comply or who file false data will face criticism or discipline. Punishment for failing to do so can range from a public reprimand to dismissal.

Ordinary Chinese frequently complain about official corruption and the Communist leadership recognizes it as a major threat to political stability.