Bureau of two officials disclose economic data was sentenced

Since May last year, China's macro-economic data has been compromised, lead to broad social concerns. Yesterday, the State secrets Bureau, and the Supreme People's Procuratorate jointly informed of important crypto economic data breach cases handled by: original cadre Sun Zhen leaking 27 national statistical offices statistics, sentenced to 5 years; the people's Bank of China cadre Wu Chaoming disclosure 25 statistical data, was sentenced to 6 years. 4 other criminal suspects are employees in the securities industry.
Highest check malfeasance infringement procuratorial Office Vice, Director of the Li zhongcheng describes, this year February, in about sector early investigation Foundation Shang, Beijing, Xicheng District, procuratorates on case for has Office-investigation, currently has Office-investigation 6 pieces 6 people, which a people is National Bureau of Office Secretary room original Vice Director, and Vice Department level cadres Sun Zhen, has 1 people is people's Bank of China financial Institute currency financial history research office original Vice Director, and Vice Department level cadres Wu Chaoming, also 4 name crime suspects are for securities industry in China. At present these 6 cases, 4 pieces leak cases have been prosecuted, Sun Zhen, Wu Chaoming intentional leaks the leaks case deliberately case had been tried and the other 2 cases are in the process of investigation.
It is understood that Sun Zhen Wu Chaoming by deliberately leaking State secrets was sentenced to 5 years and 6 years ' imprisonment, respectively, after judgment both did not appeal.
How to prevent such leaks? "Tough disclosure of illegal and criminal activities of the economic data, found, investigated and dealt with together, must not tolerate them. "State secrets Bureau Du Yongsheng, spokesman says China to set up secret economic information special inspectors system, the implementation of key Inspector, a special inspection. According to reports, will draw up special provisions in conjunction with the Organization and personnel departments, economic data highlights on contact, it knows the secret political conditions and qualification of personnel; administrative authority for further improvement of State secrecy and other coordination mechanisms of the Department investigated and dealt with cases of suspected of leaking State secrets, crack down on leaks of economic data of illegal and criminal activities.
The watchdog China secret data, use, preservation of 21 departments for special privacy check, discover some of leaked threats to plug the leak vulnerabilities.
Crime scenes
Leaks have economic interests drive
Sun Zhen, and Wu Chaoming, people of leaked national secret case leaked of macro-data, main including several aspects: national macroeconomic data main has industrial increased value, and town fixed assets investment per cent growth, and gross national product (GDP), and universal consumption price index (CPI), industrial products factory price index (PPI), and consumer goods retail total, and Yuan loan increased, and generalized currency per cent growth (M2), and narrowly currency per cent growth (M1), 9 species.
Li zhongcheng, qualified, part of the data in the country before the official announcement, belonging to the secret level national secrets, part of the data in the country before the official announcement is confidential State secrets. After these economic data breach, damage the economy running order, interfere with fair competition in the market, jeopardizing the credibility of the Government, the national community and the interests of the people have caused great losses and grave consequences.
Key economic data classified as State secrets, a specific constant density range and the key basis, after leaks harm mainly in three aspects: first, the Government's credibility had been affected and second, economic order were damaged; and bring harm to economic operation. Every time after economic data breach, the stock market abnormal fluctuation, abnormal fluctuations appears behind some unfair situation, so maintenance and ensuring data security is an important sector of the economy and Security Department duties.
State secrets Bureau Du Yongsheng, spokesman says investigation revealed behind the investigation and handling of confidential data breach case does have a profit-driven. Through partnership and security practitioners, guide its employees in the sale of stocks, securities institutions pursue their interests. Other securities organisations through participation in some activities, such as lectures, Forum, gets high teaching costs. He said major cause of the leak is caused by the incursion into my weak legal system of secrets protection awareness. "As for the intermediary in this case, I believe that the procuratorial organs at all levels must be held accountable should bear the legal responsibility according to law. ”

Coming September economic data indicating stagnation

National Bureau of statistics the morning of October 14 published macro-according to the September national overall consumer price level rose 6.1%, rose 0.5 per cent, rising food prices 13.4%. September CPI just under 6.2%,CPI rise for August fell for two consecutive months. In this regard, a number of experts expressed their views on the Tencent microblogging.
The Central Bank should no longer continue to tighten
Zhao Qingming of experts on international financial company on Twitter pointed out that, from September CPI data, accelerate price increases speed, needed central banks continue to tighten liquidity. But from the current domestic economy particularly SMEs operating difficulties appear in varying degrees, as well as the worsening international economic environment, confidence is low, the Central Bank should no longer continue to tighten.
Trend monetary policy cannot therefore loose
Price situation far less optimistic than expected. Graduate School of Chinese Academy of social sciences, Tsinghua University, Dr postdoctoral Guan Qingyou (microblogging) made at the Tencent microblogging per cent gain more meaningful to determine the short-term price trend. September CPI up 6.1% than 6.2% per cent in August from slightly down, but the link remains of September CPI up 0.5%. And cannot therefore towards easing of monetary policy, but relying on credit to control inflation would enable SMEs to control its. Enterprise structural tax cut, while improving income subsidies for vulnerable groups.
Stagflation signals coming
Agricultural Bank Senior Economist He Zhicheng Tencent on Twitter said high inflation the maximum power does not come from money. He Zhicheng think inflation is long cycle phenomenon, is the inevitable result of rising agricultural prices. Decline in exports, it showed the economy cools. Are stagflation signals.
The a-share market is still difficult for big rally
Current securities Vice President, Chief Strategist for Cao w-d (microblogging) in Tencent on Twitter suggested that September inflation data still do not appear to accelerate callback trend, but top down trend strengthened. On the premise of monetary policy remains unchanged, the a-share market will remain difficult to have a big rally, macro data need to wait for October.