Audits of SOEs to be increased

Spotlight to be put on directors, managers in power positions

China's anti-graft authorities will conduct inspections of all major State-owned enterprises this year, according to a statement from the Fifth Plenary Session of the 18th CPC Central Commission for Discipline Inspection, which closed on Wednesday morning.

"SOE operations are closely related to national economic security, and corruption causes huge losses and seriously threatens Party rule," said Hao Mingjin, vice-minister of supervision under the commission.