An alleged computer hacker is under arrest and facing charges of stealing business information from his employer and selling it to rival companies for 100,000 yuan (HK$93,500).
The employee worked for a Taiwanese businessman who runs a large warehouse chain in Guangzhou.
He is the first person to be detained for an offence punishable under the criminal code signed into law by President Jiang Zemin last October.
The theft caused the company to lose 10 million yuan a month in sales.
Li Jianxin, 28, a computer expert from Hunan province, was hired by the warehouse chain. His performance was so good that in nine months he was promoted three times and his salary doubled.
But Li allegedly stole business information and copied the computer software used by the Good and More warehouse group. He also reportedly sold the information to other big companies in Guangzhou for 100,000 yuan.
Li was arrested when public security officers contacted the firm after the company discovered the crime.
