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Is it necessary to fill in a loan when declaring property for promotion to director level in Guangzhou?
Needed.
This must be declared every year. On July 11, 2010, the General Office of the Central Committee of the Communist Party of China and the General Office of the State Council issued the "Regulations on Reporting of Personal Matters by Leading Cadres" (hereinafter referred to as the "Regulations").
A notice was also issued requiring all regions and departments to conscientiously implement the regulations. According to this regulation, leading cadres at the county level and above, as well as leaders of large and medium-sized state-owned enterprises, must report personal property and marital changes, spouses and children every year. Immigration status, etc.
Among them, property declaration includes personal and family income, real estate, investment securities and financial wealth management products.
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