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Do leading cadres need to declare deposits?
The deposits of leading cadres need to be declared.

As public officials, leading cadres are responsible for serving the people and must abide by national laws and regulations and safeguard public interests. Therefore, supervising and managing the property and income of leading cadres is a necessary means to protect public interests and prevent corruption.

As a part of the property of leading cadres, deposits must also be included in the scope of declaration. Leading cadres should declare personal deposits to the relevant departments in accordance with the prescribed procedures and standards, including the amount, source and use of deposits. The declaration of this information is helpful for the supervision department to understand and analyze the property status of leading cadres and prevent leading cadres from taking advantage of their positions to engage in illegal acts such as corruption and bribery.

In addition, the process of declaring deposits by leading cadres also helps to strengthen self-discipline and self-supervision. Through declaration, leading cadres can know their own property status more clearly, correct and avoid improper behavior in time, and establish a good image of public office.

It should be noted that the declaration of deposits by leading cadres is not arbitrary and must comply with relevant laws, regulations and provisions. If there is any false report or concealment, you will be subject to corresponding legal responsibility and disciplinary action.

To sum up:

The need to declare the deposits of leading cadres is to strengthen the supervision and management of leading cadres and prevent corruption. Leading cadres should declare personal deposits to the relevant departments in accordance with the prescribed procedures and standards, and abide by relevant laws, regulations and provisions.

Legal basis:

People's Republic of China (PRC) civil servant law

Article 7 1 stipulates that:

Civil servants shall truthfully report personal matters and declare personal property and income in accordance with regulations.

People's Republic of China (PRC) supervision law

Article 22 provides that:

Supervisory organs have the right to obtain, consult or copy documentary evidence, physical evidence, audio-visual materials, electronic data and other evidential materials from public officials and relevant personnel according to law. Public officials should provide it truthfully.

Provisions on leading cadres reporting personal matters

Article 3 provides that:

Leading cadres should report their own marital changes, spouses and children moving out, employment and other matters, their own wages and various bonuses, allowances and subsidies; I am engaged in labor income such as giving lectures, writing, consulting, reviewing manuscripts, painting and calligraphy; I, spouse, * * children's real estate; I, my spouse and children living together invest in or hold securities, stocks (including equity incentives), futures, funds, investment insurance and other financial products in other ways; Spouses and children living together invest in unlisted companies and enterprises; Individual industrial and commercial households, sole proprietorships or partnerships whose spouses and children are registered with * * *.