Quote from The Financial Times:

"Xi Jinping, who became president on Thursday, has been driving an anti-graft campaign ever since he took over as Communist party chief in November. Mr Xi identified fighting corruption as a priority in his first speech as leader and has promised to show no leniency over an issue that he and others have warned could be a threat to the party's rule.

Beijing has subsequently cracked down on the flood of gifts and banquets from which even small-time party officials have benefited. And, at the annual session of the National People's Congress, Mr Xi's approach has raised hopes that tougher rhetoric will translate into systemic reform."