2024/9/2 凌晨12:24 Criminal Law of the People's Republic of China Whoever, for seeking illicit commercial benefits, gives money or other forms of property to a public official of a foreign country or of a public international organization shall be punished according to the provisions in the preceding paragraph. An entity committing a crime as prescribed in the preceding two paragraphs shall be fined, and its directly responsible persons in charge and other directly responsible persons shall be punished in accordance with the provisions in the first paragraph. A briber who voluntarily confesses to his bribery before being prosecuted may be given a mitigated punishment or be exempted from punishment. Article 165 A director of the board or manager of a state-owned company or enterprise who, taking advantage of his office, operates for himself or another person the same business as that of the company or enterprise in which he holds a position, and obtains illegal benefits, if the amount involved is large, shall be sentenced to fixed-term imprisonment of not more than 3 years or short-term custody, and concurrently, a fine, or shall be sentenced to a fine only. If the amount involved is especially large, the offender shall be sentenced to fixed-term imprisonment of not less than 3 years but not more than 7 years, and concurrently, a fine. Article 166 An employee of a state-owned company, enterprise, or public institution who, taking advantage of his position, commits any of the following acts, thereby causing heavy losses to the interests of the state, shall be sentenced to fixed-term imprisonment of not more than 3 years or short-term custody, and concurrently, a fine, or shall be sentenced to a fine only. Where extremely heavy losses are caused to the interests of the state, the offender shall be sentenced to fixed-term imprisonment of not less than 3 years but not more than 7 years, and concurrently, a fine: (1) turning operation of the profitable business of the state-owned company, enterprise, or the public institution over to his relatives or friends; (2) purchasing commodities from an entity operated and managed by his relatives or friends at a price manifestly higher than the market price, or selling commodities to an entity operated and managed by his relatives or friends at a price manifestly lower than the market price; or (3) purchasing substandard commodities from an entity operated and managed by his relatives or friends. Article 167 Where in the process of signing or fulfilling a contract, a person of a state-owned company, enterprise or public institution, who is directly in charge is defrauded due to serious remissness in his duty, thereby causing heavy losses to the interests of the state, he shall be sentenced to fixed-term imprisonment of not more than 3 years or short-term custody. Where extremely heavy losses are caused to the interests of the state, the offender shall be sentenced to fixed-term imprisonment of not less than 3 years but not more than 7 years. Article 168 Where an employee of a state-owned company or enterprise causes the bankruptcy of or heavy losses to the company or enterprise due to serious remissness in his duty or abuse of his office, if heavy losses are caused to the interests of the state, he shall be sentenced to fixed-term imprisonment of not more than 3 years or short-term custody. If extremely heavy losses are caused en.npc.gov.cn.cdurl.cn/2020-12/26/c_921604_9.htm 4/6