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|BEIJING Johnny Townsend Jersey , July 4 (Xinhua) -- Yang Chongyong, a former senior legislator in northern China's Hebei Province, has been expelled from the Communist Party of China (CPC) and dismissed from public office for actions including graft, it was announced Tuesday.
Yang took advantage of his post to seek benefits for others and accepted "a huge amount" in bribes, according to a statement from the CPC Central Commission for Discipline Inspection (CCDI).
Yang P.J. Hall Jersey , 61, had been vice head of the Hebei Provincial People's Congress Standing Committee since 2016. Prior to that, he had served as vice governor of Hebei for eight years.
Investigators allege that Yang used fake identity document for outbound trips without permission, concealed changes in his marital status, and confronted investigations Kolton Miller Jersey , according to the CCDI.
Yang also borrowed vehicles and apartments from private entrepreneurs for a lengthy period of time, the statement said.
Yang, a senior official, has severely violated the Party's code of conduct and "polluted the political ecology of Hebei Province," it said.
The CCDI said the decision to expel Yang would be confirmed later at the plenary meeting of the CPC Central Committee.
Yang's illegal gains will be confiscated and his case will be handed over to prosecutors Reggie Nelson Jersey , it said.
The CCDI announced an investigation into Yang in April.
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JD.COM Inc, China’s second biggest e-commerce company, reported revenue for the second quarter of 2016 that was within its forecasts, even as a fall in the growth rate is set to continue.
The company Amari Cooper Jersey , Alibaba Group Holding Ltd’s main rival in online shopping, said yesterday that revenue for the quarter rose 42 percent to 65.2 billion yuan (US$9.83 billion), within JD’s forecast range of 64.2-66.2 billion yuan.
But the company is predicting an even sharper decline in growth for the third quarter, compounding concerns that China’s e-commerce sector is saturating. JD’s revenue from Amazon-like online direct sales rose 40 percent in the quarter, versus a 67 percent jump in sales from services and other businesses. JD now expects revenues for the third quarter to be 59-61 billion yuan Jared Cook Jersey , up 34-38 percent from the same quarter in 2015.
Net losses were 132.1 million yuan, compared to a loss of 510.4 million yuan in the previous year. The total value of merchandise transactions on JD’s platforms was 108.7 billion yuan in the quarter, up 47 percent excluding online marketplace Paipai, which JD shut down.
Including Paipai’s previous contribution to transactions for the previous year in the comparison, the second quarter’s growth rate for value of merchandise sold would be 40 percent Derek Carr Jersey , according to Reuters calculations.
The company also gave an update on its share repurchase program it authorized in September, saying it had bought 2.4 million ADSs for about US$51.5 million.
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