doing business and running firms 经商办企 jīng shāng bàn qǐ

'one family, two systems': cracking down on rent-seeking
In a 2021 campaign to rectify the Party’s political-legal agencies, the Centre is making a public example of rent-seeking (‘doing business and running firms’) among families of personnel in the public security, prosecution, etc. judicial agencies.
Officials profiting from their authority via their kinsfolk, a hated aspect of the pre-Communist Kuomintang, nonetheless reappeared as an institutional cancer in the Party-state from its early days. After surviving in a grey area for many decades, in 2015 measures to curb familial rent-seeking and corruption were agreed and applied in pilots in Shanghai, Beijing, Guangdong, Chongqing, and Xinjiang. By consensus, they defined unacceptable
  • investment 
    • registering as a business entity
    • investing in non-listed companies and enterprises
    • returning to China to engage in business activities after registering a company overseas
  • professional conduct 
    • serving as a senior position in a non-SOE
    • serving as chief representative of a foreign company's representative office in China
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