Moneycontrol PRO
HomeNewsTechnologyChina removes former industry minister Xiao Yaqing from post for bribery - Report

China removes former industry minister Xiao Yaqing from post for bribery - Report

The ministry of industry and information technology (MIIT) oversees a vast swathe of the economy, from next-generation telecoms to semiconductors, vaccine production and electric vehicles.

December 19, 2022 / 14:05 IST

China's former industry minister Xiao Yaqing was expelled from the Communist Party for bribery and relieved of his government duties, China's anti-graft watchdog said on Monday.

Xiao, 62, will be demoted to a lower-level position and arrangements will be made for his retirement, The Central Commission for Discipline Inspection (CCDI) said in a statement on its website. He was put under investigation for suspected violations of discipline and law in July.

The ministry of industry and information technology (MIIT) oversees a vast swathe of the economy, from next-generation telecoms to semiconductors, vaccine production and electric vehicles.

 

Invite your friends and family to sign up for MC Tech 3, our daily newsletter that breaks down the biggest tech and startup stories of the day

Reuters
first published: Dec 19, 2022 02:05 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347