Li Shuguang, former deputy director of the Economic Committee of the Sichuan Provincial People’s Congress, is under investigation

Purpose:
The purpose of this update is to inform stakeholders about the disciplinary actions taken against Li Shu Guang, a former deputy director of the Economic Committee of the Sichuan Provincial People’s Congress. Li was placed under investigation by the Sichuan Provincial Commission for Discipline Inspection and Supervision (CDIS) for suspected serious violations of discipline and laws.

Effects on Industry:
The investigation into Li Shu Guang is likely to have a significant impact on the local government and economy, as he held a key position in the Economic Committee. The actions taken by the CDIS may lead to a review of economic policies and decisions made during his tenure, potentially affecting businesses and industries operating in Sichuan Province. This could result in changes to existing laws or regulations, impacting companies that have relied on certain policies or tax breaks.

Relevant Stakeholders:
The stakeholders affected by this update include:

• Businesses operating in Sichuan Province, particularly those involved in economic development projects
• Local government officials and departments, such as the Economic Committee and CDIS
• Citizens of Sichuan Province, who may be impacted by changes to economic policies or laws

Next Steps:
The next steps for stakeholders include:

• Monitoring the progress of the investigation and any subsequent actions taken against Li Shu Guang
• Reviewing and adjusting business strategies in response to potential changes in economic policies or laws
• Engaging with local government officials to understand their plans and responses to the investigation

Any Other Relevant Information:
Additional information that may be helpful to stakeholders includes:

• The specific allegations against Li Shu Guang, which are not detailed in this update
• Any related future actions or policies that may be introduced as a result of the investigation
• Historical context about Li’s role and influence in Sichuan Province’s economic development