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Xinlu Liang

Yuanyue Dang

China’s anti-corruption watchdog has detailed how disgraced former banker and Communist Party chief of Hubei province Jiang Chaoliang received bribes for favours, ultimately landing himself and his brothers under investigation.
The revelations came in an episode of a CCTV documentary series that aired on Tuesday night during the fifth plenary session of the Central Commission for Discipline Inspection (CCDI).
Held at the beginning of each year, the session aims to sum up the achievements of President Xi Jinping’s sweeping anti-corruption campaign and lay out areas to focus on in the new year.
On Wednesday, the closing communique of the plenary session called for maintaining “high-pressure deterrence” against corruption.
It said that “new and hidden forms of corruption” would be targeted.
It also pledged that anti-corruption authorities would “intensify efforts to investigate cross-border corruption cases” and cooperate with the top legislature in formulating a law against cross-border corruption.
Jiang, 68, was sent to the southern province of Guangdong during the 1997 Asian financial crisis. While there, he worked alongside then vice-governor Wang Qishan to manage the fallout. Wang would go on to become the future vice-president of China.
Jiang later occupied several high-ranking positions within the central bank and the financial industry, including chairman and party secretary of the Bank of Communications, vice-chairman and president of China Development Bank, and chairman and party secretary of the Agricultural Bank of China (ABC).


According to the CCTV documentary, businessman Li Yuanguang spent over a decade cultivating close ties with Jiang’s family, starting from when Jiang was a mid-level ABC executive.
Li paid for Jiang’s children’s education and medical care for his parents. He even gave money to Jiang’s mother for what Li called “mahjong funds” and financed a property purchase for the family’s nanny.
The businessman’s long game paid off when Jiang, who became ABC chairman in 2011, helped Li’s company secure a massive automated teller machine (ATM) procurement contract.
Central to the corruption scheme were Jiang’s two younger brothers: Jiang Binliang and Jiang Zhongliang.
They leveraged their brother’s influence, according to the report, with Jiang Zhongliang admitting to acting as a matchmaker for deals, while Jiang Binliang enjoyed a lavish lifestyle funded by the graft.
Neither held official positions but both became conduits for bribes, as businessmen funnelled millions of yuan through them for projects and approvals.
Li even invited Jiang’s brothers to “invest” in his company at no cost, registering them as shareholders without requiring them to provide funds. In return, Jiang Chaoliang helped Li secure contracts and other benefits.
Jiang Chaoliang was appointed governor of the northeastern province of Jilin in 2014 and was promoted to party chief of central Hubei province two years later.
He remained as Hubei party chief until February 2020, when he was removed as Beijing authorities responded to public anger over what was seen as the botched handling of the Covid-19 pandemic outbreak, which began in Wuhan, the provincial capital.
The Jiang family story ended with Jiang Chaoliang’s corruption investigation in February of last year and subsequent expulsion from the party and public office.
His suspected crimes were referred to prosecutors for investigation, and those who helped him or gave him bribes have faced consequences, according to the documentary. But it did not reveal whether Jiang’s brothers had been punished yet.
Jiang is among the most prominent figures caught in the party’s decade-long anti-corruption campaign, which snared a record 65 high-ranking officials last year.
Those detained included top provincial and city officials, ministry leaders, financial regulators, bankers, state enterprise executives, university presidents and military top brass.
The CCDI plenum communique said China’s anti-corruption investigators would continue to crack down on misconduct in sectors including finance, state-owned enterprises, energy, education, academic societies, development zones and public procurement.
The key sectors last year were finance, state-owned enterprises, energy, fire safety, tobacco, pharmaceuticals, universities, sports, public welfare and charity, construction projects and bidding processes.
A Wednesday commentary by party mouthpiece People’s Daily called for “putting power in the cage in a more scientific way”, citing a recent speech by Xi.
It added that the party would amend existing discipline rules to be more specific and feasible. It also said the party would step up efforts to make the rules equally binding for all “with no exception”.


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Documentary details the downfall of Jiang Chaoliang and his brothers as disciplinary commission holds key session


Documentary details the downfall of Jiang Chaoliang and his brothers as disciplinary commission holds key session.


China’s anti-corruption watchdog reveals how former banker fell in bribery scandal

.css-1c6uqr6{color:inherit;font-weight:inherit;font-size:inherit;font-family:inherit;line-height:inherit;overflow-wrap:break-word;}Documentary details the downfall of Jiang Chaoliang and his brothers as disciplinary commission holds key session

Documentary details the downfall of Jiang Chaoliang and his brothers as disciplinary commission holds key session