Jiang Jiemin (, ; born October 1954) is a former Chinese oil executive and senior Communist Party and economic official. He was the general manager and then chairman of the China National Petroleum Corporation (CNPC), before being appointed the director of the State-owned Assets Supervision and Administration Commission (SASAC) in March 2013. He was also a member of the

18th Central Committee of the Chinese Communist Party The 18th Central Committee of the Chinese Communist Party was elected by the 18th National Congress on 15 November 2012, and sat in plenary sessions until the communing of the 19th National Congress in 2017. It was formally proceeded by the 17t ...

. In September 2013, Jiang was abruptly removed from his post and came under investigation for corruption and

abuse of power Abuse is the improper usage or treatment of a thing, often to unfairly or improperly gain benefit. Abuse can come in many forms, such as: physical or verbal maltreatment, injury, assault, violation, rape, unjust practices, crimes, or other t ...

, along with four other senior oil executives. Jiang was considered an ally of former security chief

Zhou Yongkang Zhou Yongkang (born 3 December 1942) is a former senior leader of the Chinese Communist Party (CCP). He was a member of the 17th Politburo Standing Committee (PSC), China's highest decision-making body, and the Secretary of the Central Politic ...

, and part of a group of officials that had political ties with Zhou. In June 2014, Jiang was expelled from the Chinese Communist Party; he was convicted on charges of abuse of power and bribery and sentenced to 16 years in prison.

Career

Jiang Jiemin graduated from Shandong University in Industrial Economics Management. In August 1976, Jiang joined the Chinese Communist Party. Jiang was made Deputy Director of the Shengli Petroleum Administration Bureau in March 1993, Senior Executive of the Qinghai Petroleum Administration Bureau in June 1994, and Director of the Qinghai Petroleum Administration Bureau in November 1994. In February 1999 he was made Assistant to the General Manager and the team leader in charge of the preparation for the

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investme ...

of China National Petroleum Corporation (CNPC). In November of that year he was promoted again, to Director and Vice President of PetroChina, a subsidiary of CNPC. From there his career went to

Qinghai Province Qinghai (; alternately romanized as Tsinghai, Ch'inghai), also known as Kokonor, is a landlocked province in the northwest of the People's Republic of China. It is the fourth largest province of China by area and has the third smallest pop ...

, as deputy governor and member of the provincial

Party Standing Committee Members of the standing committees of the Chinese Communist Party provincial-level committees, commonly referred to as ''Shengwei Changwei'' (), make up the top ranks of the provincial-level organizations of the Chinese Communist Party (CCP). I ...

in June 2000. In June 2001, he became Deputy Party Secretary of Qinghai province. In April 2004, he was transferred back to CNPC, as Deputy General Manager and Vice Chairman; in May he was made President of PetroChina, and in November 2006 General Manager of CNPC. In May 2007 he became the Chairman of PetroChina. In May 2008, he stepped down from the position. Jiang was reported to have faced unusual public criticism from small investors after PetroChina's share price fell sharply due partly to the government's control of retail fuel prices. ''

The Times ''The Times'' is a British daily national newspaper based in London. It began in 1785 under the title ''The Daily Universal Register'', adopting its current name on 1 January 1788. ''The Times'' and its sister paper '' The Sunday Times'' (f ...

'' noted that he was a key figure in "China's determined expansion of its energy empire overseas." In November 2012, the '' South China Morning Post'' reported that in the aftermath of the Ferrari death of Ling Gu, the 23-year-old son of

Ling Jihua Ling Jihua (; born 22 October 1956) is a former Chinese politician and one of the principal political advisers of former leader Hu Jintao. Ling was best known for his tenure as chief of the General Office of the Chinese Communist Party between ...

, top aide to former Party General Secretary Hu Jintao, Jiang wired hush money from the company's accounts to the families of the two women who were accompanying Ling Gu at the time of his death. Jiang was an alternate member of the

17th Central Committee of the Chinese Communist Party The 17th Central Committee of the Chinese Communist Party was elected by the 17th Congress on 21 October 2007, and sat until the 18th National Congress in 2012. The 17th CC is composed of full members and alternate members. It was followed by the ...

, and a full member of the 18th Central Committee. He was expelled from the Central Committee at the Third Plenum in 2014.

Corruption investigation

On September 1, 2013, Jiang was detained by the

Central Commission for Discipline Inspection The Central Commission for Discipline Inspection (CCDI) is the highest internal control institution of the Chinese Communist Party (CCP), tasked with enforcing internal rules and regulations and combating corruption and malfeasance in the pa ...

, the party's anti-graft agency, on suspicion of corruption, and was removed from his post as Chairman of SASAC. It was widely speculated that Jiang's case was part of a bigger corruption probe whose ultimate target was former

Politburo Standing Committee The Politburo Standing Committee (PSC), officially the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, is a committee consisting of the top leadership of the Chinese Communist Party (CCP). Histori ...

member

. Jiang (after former Sichuan deputy Party chief Li Chuncheng) was the second high-ranking official associated with Zhou detained following the 18th Party Congress. On June 30, 2014, Jiang was expelled from the Chinese Communist Party. Authorities announced at the conclusion of the investigation that Jiang "abused his power for the illicit gain of others," and "solicited and received massive bribes." On March 19, 2015, Jiang was indicted on charges of bribery, large amounts of property from unknown source and abuse of power. According to Zhou Ruijin, a former editor in chief of Communist Party's flagship newspaper People's Daily, Jiang Jiemin was part of a "network of vice and corruption" along with Zhou Yongkang,

Bo Xilai Bo Xilai (; born 3 July 1949) is a Chinese former politician who was convicted on bribery and embezzlement charges. He came to prominence through his tenures as Mayor of Dalian and then the governor of Liaoning. From 2004 to November 2007, ...

Xu Caihou Xu Caihou (; June 1943 – March 15, 2015) was a Chinese general in the People's Liberation Army (PLA) and vice-chairman of the Central Military Commission (CMC), the country's top military council. As Vice-chairman of the CMC, he was one of th ...

, and Li Dongsheng." On October 12, 2015, the court found Jiang guilty on all counts, including accepting bribes, unidentified huge property, abuses of power, and sentenced him to 16 years in prison.

References

{{DEFAULTSORT:Jiang, Jiemin 1954 births Living people People's Republic of China politicians from Shandong Alternate members of the 17th Central Committee of the Chinese Communist Party Members of the 18th Central Committee of the Chinese Communist Party Delegates to the 9th National People's Congress Delegates to the 10th National People's Congress Politicians from Binzhou Chinese Communist Party politicians from Shandong Shandong University alumni Political office-holders in Qinghai Expelled members of the Chinese Communist Party Chinese politicians convicted of corruption