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Wednesday, December 21, 2016, 17:31

China revises military auditing regulation

By Xinhua

China revises military auditing regulation
Chinese People's Liberation Army cadets conduct bayonet drills at the PLA's Armored Forces Engineering Academy in Beijing on July 22, 2014. (Greg Baker/ AFP)

BEIJING – China has issued a revised regulation to streamline auditing practices in the armed forces and tighten disciplinary supervision.

The regulation – issued by an order from Chairman of the Central Military Commission Xi Jinping – will take effect on Jan 1, 2017, according to an official announcement Wednesday.

The regulation will take effect on Jan 1, 2017, according to an official announcement

All economic activity of the Chinese People's Liberation Army and the armed police is subject to auditing, and officials with economic duties must also be placed under scrutiny, the regulation said.

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Officials with a lot of financial and logistics responsibilities, those who have been considered for promotion and those who are leaving their posts should particularly be placed under close watch, it said.

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Military auditing agencies with powers to investigate and penalize must hand over disciplinary and legal violations cases in the financial sector to anti-graft and prosecution authorities for further investigation.

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