（编辑：周璐铭） 要把握腐败的新动向新特点，创新手段方式，完善反腐败责任落实机制，及时发现、准确识别、有 效治理各类腐败问题，不断提高反腐败穿透力。新型腐败具有很强的隐蔽性、迷惑性，对治理腐败能力 提出更高要求，必须升级打法、丰富手段，切实增强斗争精神和斗争本领。最近，中央纪委办公厅、国 家监委办公厅印发《调查新型腐败和隐性腐败问题证据指引》，着力破解新型腐败发现难、取证难、定 性难问题，为调查取证工作提供了规范化、法治化、正规化重要遵循。实践中，要善于运用穿透式审查 思维，从看似正常的市场交易中深挖细查，穿透股权代持、虚假交易等复杂设计，准确揭露权力与利益 非法交换的本质。深化大数据信息化赋能，通过构建贯通全域的监督数据平台，精准锁定异常线索，让 技术刚性约束权力弹性，有效推动监督模式从事后查处向事前预防转变。 要在一体推进上下更大功夫，强化系统观念，加强联动配合，把各方面监督贯通起来，以全链条协 作促进一体化治理。反腐败斗争是系统工程，必须深化标本兼治、系统施治，把反腐败斗争同党的政治 建设、思想建设、组织建设、作风建设、纪律建设、制度建设贯通协同起来，打出组合拳，打好总体 战。坚持一体推进不敢腐、不能腐 ...

开栏的话 习近平总书记在二十届中央纪委五次全会上发表重要讲话强调，要把握腐败的新动向新特点，创新手段 方式，完善反腐败责任落实机制，及时发现、准确识别、有效治理各类腐败问题，不断提高反腐败穿透 力。 2016年10月，邓少鹏成功套取乡镇财政资金10188.3元。此后邓、李二人几乎每月都"如法炮制"，截至 2021年2月，利用食堂采购名目共套取资金40多万元。 尝到了造假"甜头"的邓少鹏，进一步打起了工程项目的主意。 2018年12月，邓少鹏找到一废弃砂石厂的负责人，让其配合签订虚假拆迁合同，上报后获得相关补贴20 多万元，由负责人返还给邓少鹏。这是邓少鹏套取金额最大的一笔。 2021年，邓少鹏升任高田乡党委书记，随即提拔李盛阳为乡执法大队队长。由于新任乡长对于食堂账目 造假拒不配合，邓少鹏干脆调转方向，依照砂石厂的"成功经验"，频繁利用广告宣传、办公费、工程项 目等名目套取资金。 仇立权绘 当前，反腐败斗争面临新挑战，预期收益、约定代持、政商"旋转门"等新型腐败和隐性腐败问题突出。 本版今起开设"不断提高反腐败穿透力"栏目，聚焦各地纪检监察机关加强嵌入式监督、穿透式检视、立 体式研判，及时发现、准确识别、有效 ...

文 ： 华创证券首席经济学家 张瑜（执业证号：S0360518090001） 联系人： 袁玲玲（微信 Yuen43） 一 、中纪委全会的四大关注点 中国共产党第二十届中央纪律检查委员会第五次全体会议，于 2026 年 1 月 12 日至 14 日在北京举行。中共中央总书记、国家主席、中央军委主席习近平出席全会并发表重 要讲话。中共中央政治局常委、中央纪律检查委员会书记李希代表中央纪委常委会作工作报告《以更高标准、更实举措推进全面从严治党，为实现"十五五"时期目标任务提供 坚强保障》 （参考往年情况，或于 2 月下旬发布报告全文） 。 （一） 金融、国企、能源、开发区、招投标仍是重点行业 2025 年和 2026 年中纪委全会中，金融、国企、能源、开发区、招投标这五个行业，连续两年均被列为年度反腐重点行业。 其中对于金融行业， 2018 年十九届中纪委二次 全会以来，每次会议都将其列入重点行业； 2023 年，二十届中纪委二次全会首次将其放在首位，到今年已连续四年位居首位。 | 时间 | কার্যা | 重点行业 | | --- | --- | --- | | 2026年1月12日至14日 | 二十届中央纪委 ...

Core Viewpoint - The fifth plenary session of the 20th Central Commission for Discipline Inspection outlines key tasks for the next phase of party conduct and anti-corruption efforts, emphasizing the need for enhanced political supervision and targeted actions against corruption in various sectors [1][3][5]. Group 1: Key Focus Areas - The report identifies six key tasks for 2026, with "strengthening political supervision" as the top priority to ensure the successful implementation of the 14th Five-Year Plan [3][4]. - It emphasizes the need to "improve the penetration of anti-corruption efforts" to timely identify and effectively address various corruption issues [5][10]. - The report highlights the importance of strict political and election discipline as local elections approach in 2026, aiming to prevent issues such as "performance engineering" and bureaucratic formalism [6][7]. Group 2: Targeted Sectors for Anti-Corruption - The report specifies sectors requiring intensified anti-corruption scrutiny, including finance, state-owned enterprises, energy, education, associations, development zones, and bidding processes [8][9]. - It stresses the need to address new forms of corruption and hidden corruption, particularly issues related to political-business collusion and the infiltration of capital into political spheres [10]. Group 3: Key Groups and Challenges - The report identifies "two-faced individuals," "key minority," and "young cadres" as critical groups for targeted anti-corruption efforts [11][12]. - It calls for a crackdown on cross-border corruption and emphasizes the need for collaboration in formulating laws against cross-border corruption [12].

腐败是党和国家事业发展进程中的拦路虎、绊脚石，反腐败是一场输不起也决不能输的重大斗争。习近 平总书记在二十届中央纪委五次全会上强调，要把握腐败的新动向新特点，创新手段方式，完善反腐败 责任落实机制，及时发现、准确识别、有效治理各类腐败问题，不断提高反腐败穿透力。这一重要论断 是对反腐败斗争新情况新动向的精准把握。 近年来，在反腐败斗争高压态势下，有的腐败分子为逃避纪法惩处，处心积虑变化腐败手段，腐败行为 日趋隐蔽，手段不断翻新升级，呈现出隐形变异的特点，发现、甄别和查处的难度明显增加。与传统腐 败形式相比，新型腐败和隐性腐败具有高度的隐蔽性、复杂性、模糊性。腐败隐蔽性越来越强。行为主 体隐匿，腐败行为多通过特定关系人、"影子公司"代持代管、出面操作，形成"行权"与"获利"的隔离 带，常规资产核查难以发现异常。腐败手段方式创新。腐败行为往往与合法经济活动、市场行为、民事 法律关系等深度交织。通过投资入股、高息放贷、挂名领薪等方式实现利益输送。涉金融、资本市场等 领域的腐败案件，需透过复杂交易结构，揭开遮盖在腐败行为上的"市场化""民事化""合法化"伪装。时 间跨度拉长。"期权腐败""延迟兑现"等模式切断即时利益 ...

央广网北京1月11日消息（记者侯艳）据中央广播电视总台中国之声《新闻和报纸摘要》报道， 2025年，中央纪委国家监委和各级纪检监察机关保持反腐败高压态势，紧盯重点领域、重点对象，一体 推进不敢腐、不能腐、不想腐，不断铲除腐败滋生的土壤和条件。 2025年12月30日，中央纪委国家监委网站发布中华全国总工会原党组成员、书记处书记、副主席张 世平涉嫌严重违纪违法接受审查调查的消息。至此，2025年中央纪委国家监委网站公开发布的"落马"中 管干部已达65人。 中央纪委国家监委案件监督管理室副主任孙松涛表示，2025年，中央纪委国家监委紧盯"关键少 数"开展审查调查，立案审查调查蒋超良、金湘军、蓝天立、刘慧、易会满等中管干部案件；紧盯重点 问题、重点领域、重点对象，着重抓、着力查。 孙松涛：突出抓好金融、国有企业、能源、消防、烟草、医药、高校、体育、开发区、工程建设和 招标投标等权力集中、资金密集、资源富集领域系统整治，持续深化政商"旋转门""逃逸式辞职"治理。 2025年1月至11月，全国共查处群众身边不正之风和腐败问题84万件，处分53.6万人，移送检察机 关2万人，直接或推动返还群众财物666.2亿元。 近年来 ...

Group 1 - The core mission of discipline inspection and supervision remains unchanged despite changes in job responsibilities, emphasizing the need for continuous learning and research to effectively address new and hidden corruption cases [1] - The importance of precise understanding of legal and political effects in case review is highlighted, ensuring that every case withstands scrutiny from practice, the public, and history [2] - The focus on grassroots supervision is essential, with an emphasis on engaging with the community to identify and address issues in public services such as education and healthcare [4] Group 2 - The role of discipline inspection in safeguarding public funds, particularly in healthcare, is underscored, with efforts to recover misappropriated funds and address urgent public concerns [3] - The commitment to enhancing the effectiveness of supervision through practical engagement and addressing community grievances is reiterated [4]

Core Viewpoint - The ongoing anti-corruption efforts in China are intensifying, with a focus on maintaining a high-pressure stance against corruption through various measures, including the "tiger hunting," "fly swatting," and "fox hunting" campaigns, aiming to eliminate the conditions that foster corruption [1][2]. Group 1: Anti-Corruption Statistics - In the first three quarters of this year, a total of 789,000 cases were filed, including 90 cases involving provincial and ministerial-level officials [2]. - Over the first 11 months, more than 250,000 violations of the Central Eight Regulations were investigated, with over 320,000 individuals receiving criticism or punishment [8]. - The number of disciplinary actions taken has increased compared to the same period last year, indicating a growing trend in anti-corruption efforts [2]. Group 2: New Forms of Corruption - New and hidden forms of corruption are emerging, often disguised as legitimate investments or financial products, complicating detection and enforcement [4]. - The Central Commission for Discipline Inspection has issued guidelines to categorize and address these new forms of corruption, enhancing the toolkit for investigation [4]. - The complexity and concealment of these new corruption methods pose significant challenges for oversight and enforcement [4][5]. Group 3: International Cooperation and Asset Recovery - The "Sky Net" operation has successfully repatriated numerous fugitives, with 63 individuals returned this year alone, emphasizing the commitment to not allow corrupt individuals to evade justice [7]. - The National Supervisory Commission has initiated special actions to recover assets related to overseas corruption, ensuring that ill-gotten gains are pursued [7]. - The approach to international corruption cases is evolving, incorporating various methods such as extradition and capture to enhance effectiveness [7]. Group 4: Strengthening Internal Oversight - The completion of comprehensive inspections across provinces and cities marks a significant step in regularizing and institutionalizing oversight mechanisms [9]. - Innovative inspection methods have been implemented to improve the precision and effectiveness of oversight, including targeted inspections in specific cities [9]. - The focus on political supervision aims to ensure the implementation of major policies from the central government, reinforcing accountability [9].

Group 1 - The core viewpoint of the articles emphasizes the ongoing and intensified anti-corruption efforts in China, highlighting the achievements and the need for continuous vigilance against corruption [1][2][8] - In the first three quarters of the year, a total of 789,000 cases were filed, including 90 cases involving provincial and ministerial-level officials, indicating a significant increase in anti-corruption actions compared to the previous year [2][8] - The "Tianwang Action" has successfully repatriated 63 fugitives this year, showcasing the commitment to not allow any corrupt individuals to evade justice [7] Group 2 - The articles discuss the importance of utilizing big data and information technology to enhance anti-corruption efforts, promoting inter-departmental data sharing to improve case handling efficiency [3] - New types of corruption and hidden corruption are being addressed through updated guidelines that categorize various forms of such corruption, aiming to strengthen the tools available for investigation [4][5] - The articles highlight the need for strict enforcement against the "Four Winds" (formalism, bureaucracy, hedonism, and extravagance), with over 251,000 violations of the central eight regulations reported in the first eleven months of the year [8] Group 3 - The completion of comprehensive inspections of provincial and municipal areas by the Central Commission for Discipline Inspection marks a significant step in the normalization and mechanization of supervision [9] - The articles stress the importance of maintaining a high-pressure stance against corruption, with ongoing efforts to address systemic issues and prevent the recurrence of corrupt practices [2][6]

证据指引针对新型腐败和隐性腐败的表现形式进行类型化归纳，梳理分析二十余种具体类型，并围绕犯 罪构成要件列明取证要点、明确证据标准。证据指引起草过程中，向立法机关、司法机关和纪检监察系 统相关单位广泛征求意见，取得了普遍共识和一致认可。 中央纪委国家监委案件审理室有关负责人表示，证据指引是对反腐败工具箱的进一步丰富，为各级纪检 监察机关查办新型腐败和隐性腐败问题提供了全面、具体、可操作的取证指导，有利于进一步规范监察 权行使、提升案件查办质效。■据新华社 中央纪委国家监委网站12月24日消息，中央纪委办公厅、国家监委办公厅近日印发《调查新型腐败和隐 性腐败问题证据指引》，针对近年来出现的新型腐败和隐性腐败问题，立足法定证据标准，完善取证思 路、明确取证重点，着力破解新型腐败和隐性腐败发现、取证、定性难题，让新型不"新"、隐性 难"隐"，不断提升调查取证工作规范化、法治化、正规化水平。 记者了解到，证据指引突出问题导向、聚焦实践需求，落实职务犯罪刑事审判证据规则标准，明确收 集、固定、审查、运用证据的相关要求，为审查调查工作提供指引，着力提升查办职务犯罪案件能力。 ...