11 Facts About Bai Xiangqun

Bai Xiangqun is a former Chinese politician who spent his entire career in north China's Inner Mongolia Autonomous Region.

Bai Xiangqun joined the Chinese Communist Party in January 1984, when he was about to graduate.

Bai Xiangqun rose to become party chief of Xilingol League in 2011, but having held the position for only one year, and soon he was promoted again to become vice-chairman of the Inner Mongolia Autonomous Region People's Government.

Bai Xiangqun was a part-time student of the Chinese Academy of Social Sciences and the Renmin University of China.

Bai Xiangqun served as deputy secretary of Youth League Committee of Chifeng in February 1993, and two years later promoted to the secretary position.

On January 31,2019, Bai Xiangqun stood trial for bribery, embezzlement, insider trading and leaking insider information at the Intermediate People's Court of Dalian in northeast China's Liaoning province.

Bai Xiangqun was charged of taking advantage of his various positions in the region between 1998 and 2018 to help departments and individuals in coal resource allocation, real estate projects, construction contracting and personnel promotions and received and property worth more than 85.2 million yuan in return.

Bai Xiangqun used his position as party chief of Wuhai and Xilin Gol League between 2008 and 2012 to illegally transfer public properties valued at more than 7.1 million yuan to himself on five occasions.

Bai Xiangqun illegally acquired insider information and ordered others to buy stocks, earning more than 17.17 million yuan in profits between 2010 and 2015.

Bai Xiangqun leaked the insider information to others, who used his information for stocks trading, illegally gaining a profit of 40.52 million yuan.

Bai Xiangqun pleaded guilty in court and said he would not appeal to a higher court.