China austerity campaign knocks official spending in 2013


SHANGHAI: A campaign against Chinese government excess took major bites out of spending on official meetings, travel and vehicles in 2013, the Communist Party's chief disciplinary body said.

The Central Commission for Discipline Inspection (CCDI) said in a statement money spent on meetings, official overseas trips and vehicle purchases fell by about 53 percent, 39 percent and 10 percent respectively from 2012.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

AirAsia can withstand rising oil prices, says Fernandes
China Ouhua uncertain on land transfer completion
Positive outlook for Dnex
Haleon posts tepid quarterly result
Britain’s Next keeps profit guidance after 1Q sales rise
Huawei’s consumer CEO Richard Yu shifts role
More Fed officials ready to say goodbye to low-rate world
China travel surges for May holiday but consumers remain wary
Dollar near five-month highs ahead of Fed policy decision
Crypto washout sends bitcoin below US$58,000 into bear market

Others Also Read