Energy Insider: Former Auto and Defense Executive Indicted for Bribery
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Former auto and defense executive indicted for bribery
Liu Weidong, a former deputy general manager of China South Industries Group Corp., has been indicted for bribery. Prosecutors allege that he abused a series of senior posts — including roles at Dongfeng Motor Corp., China Changan Automobile Group Co. Ltd. and China South Industries — to accept “exceptionally huge” bribes in exchange for business favors.
Airlines cut China-Japan flights following travel warning
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- Former auto and defense executive Liu Weidong was indicted for taking large bribes while in senior roles at major Chinese companies.
- Chinese airlines cut hundreds of flights to Japan after Beijing’s travel advisories, affecting tourism and Japanese retailers.
- China reduced retail gasoline and diesel prices and reported a 17.3% annual rise in power generation capacity, with significant growth in renewables and electricity trading volumes.
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Who’s Who
- China South Industries Group Corp.
- Liu Weidong, a former deputy general manager of China South Industries Group Corp. (**中国兵器装备集团公司**), has been indicted for bribery. Prosecutors allege that he abused a series of senior posts, including roles at China South Industries, to accept “exceptionally huge” bribes in exchange for business favors.
- Dongfeng Motor Corp.
- Dongfeng Motor Corp. is mentioned in connection with Liu Weidong, a former auto and defense executive. Liu Weidong held a senior post at Dongfeng Motor Corp. and is currently indicted for bribery, allegedly accepting "exceptionally huge" bribes for business favors during his tenure.
- China Changan Automobile Group Co. Ltd.
- China Changan Automobile Group Co. Ltd. is a company where Liu Weidong, a former auto and defense executive, held a senior post. Liu Weidong has been indicted for bribery, with prosecutors alleging he abused his positions across multiple organizations, including China Changan Automobile Group Co. Ltd., to accept substantial bribes.
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What Happened When
- December 2024：
- Collapse at a Shenzhen-Jiangmen Railway construction site killed 13 people.
- October 2025：
- Electricity trading volume in China's power market increased 15.6% year-on-year to 563.8 billion kWh, with green power trading jumping 28.4% to 28.3 billion kWh.
- End of October 2025：
- China’s total installed power generation capacity reached 3.75 billion kW, a 17.3% annual increase; solar capacity surged 43.8% to 1.14 billion kW; wind capacity grew 21.4% to 590 million kW.
- Monday, November 24, 2025：
- Department of Emergency Management of Guangdong Province released an investigation report concluding the Shenzhen railway collapse was due to negligence.
- Tuesday, November 25, 2025：
- Retail fuel prices for gasoline and diesel were reduced by 70 yuan and 65 yuan per ton, respectively, as announced by the National Development and Reform Commission.
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