The key facts

  • A court in Chengdu sentenced Wang Huimin to death with a two-year reprieve for bribes worth 436 million yuan ($65.4 million)
  • The abuses spanned the period from 1998 to 2025 in posts at the CSRC and the Xinjiang administration
  • If no new crimes are committed within two years, the sentence will be commuted to life imprisonment

Sentence for bribes worth 436 million yuan

The Chengdu Intermediate People's Court in Sichuan province on Tuesday sentenced Wang Huimin, a former official of the China Securities Regulatory Commission (CSRC), to death with a two-year reprieve for bribery. According to the Xinhua news agency, citing the court's ruling, Wang abused his official positions at the CSRC and in the Xinjiang administration from 1998 to 2025, receiving cash and property worth 436 million yuan (about $65.4 million).

Why the death sentence was commuted with a reprieve

In addition to the principal punishment, the court stripped Wang of political rights for life and ordered the confiscation of his personal property. The court cited as grounds for the two-year reprieve his confession of guilt, his disclosure to investigators of previously unknown episodes, his repentance, as well as the fact that some of the acts remained at the stage of attempt rather than completed crime, and that part of the assets obtained through bribes was returned. Under Chinese law, if he commits no new crimes within two years, the sentence will be commuted to life imprisonment.

Who is Wang Huimin

Wang headed the discipline inspection and supervision group dispatched by the Central Commission for Discipline Inspection of the Communist Party of China and the National Commission of Supervision — the country's top anti-corruption body — to the CSRC. Thus, the sentence concerns a person who himself led anti-corruption oversight at the stock market regulator; the report does not say whether an appeal or any other further steps have been filed.