Anti-corruption has been a hot issue during the two most important political events in China. On fighting corruption, many NPC deputies gave their own ideas, and many believed setting up an official property declaration system is one way.
Liu Xirong, a National People's Congress deputy, however, pointed out how to define property is one of the biggest obstacles in officials' property declaration. It is widely believed that officials' bank deposits can be regarded as their property, but should other properties like houses, automobiles and stocks also be declared?
An article in Beijing Youth Daily hailed Liu Xirong's opinion that the government should strengthen the punishment for the crime of Unknown Origin of Immense Amount of Property.
China's Criminal Law stipulates that if judicial departments don't have sufficient evidence to prove the accused official guilty, the maximum penalty for the crime of Unknown Origin of Immense Amount of Property is 5 years. This has become the motive that many corrupted officials try their best to disguise their gray income.
The newspaper quoted another senior official as saying that currently China lacks a sound finance management system to supervise individual's property.
The newspaper suggested building such a system to manage the property transaction and supervise the declaration process of officials' property.
The paper concluded that only under this more sophisticated finance system can the officials will have a clear mind to discipline themselves and declare their properties thoroughly.