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On September 8, it was announced that Yi Huiman, the former head of China’s securities regulator, has been placed under disciplinary review. This marks him as the 41st senior government official to face scrutiny this year, as authorities intensify their anti-corruption campaign.
Yi has been under investigation since September 6 for suspected serious violations of discipline and illegal conduct, according to the country’s top anti-corruption agency. This development brings the total number of high-ranking officials at the ministerial level under investigation to eight in 2023.
The other officials include Jin Xiangjun, a former governor of Shanxi province; Lan Tianli, ex-chairman of Guangxi Zhuang Autonomous Region; Wang Lixia, a former leader of Inner Mongolia Autonomous Region; Jiang Chaoliang, a former party secretary of Hubei Province; Qi Zhala, a former chairman of Tibet Autonomous Region; Liu Hui, a former leader of Ningxia Hui Autonomous Region; and Bi Jingquan, a former director of the national medical products authority.
Liu Hui was the only individual investigated after retiring, while three others previously headed provincial governments. The remaining officials held positions in the National People’s Congress or the Chinese People’s Political Consultative Conference before their investigations.
Currently, Yi Huiman serves as the deputy director of the Economic Committee for the National Committee of the CPPCC. He previously served as the chairman of China’s securities regulatory body from January 2019 until February 2024.
He is the third senior official from the securities regulator to come under investigation this year, following Wang Huimin, who was scrutinized in March, and Wang Jianjun, a former vice chairman, in April.
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