The latest regulation on the private storage of public funds is to take advantage of his position to deposit public funds into his own account for his own use or engage in illegal activities. If the amount reaches a large level, it constitutes the crime of misappropriation of public funds. Personnel engaged in official business in state-owned companies, enterprises or other state-owned units, and personnel assigned by state-owned companies, enterprises or other state-owned units to engage in official business in non-state-owned companies, enterprises or other units who commit the crime of misappropriating public funds shall be convicted and punished in accordance with the provisions of relevant laws and regulations.

Criminal law of the people's Republic of China

Article 185

Crime of misappropriation of funds. Staff members of commercial banks, stock exchanges, futures exchanges, securities companies, futures brokerage companies, insurance companies or other financial institutions who take advantage of their positions to misappropriate the funds of their own units or clients shall be convicted and punished in accordance with the provisions of Article 272 of this Law.

Crime of misappropriating public funds: Staff members of state-owned commercial banks, stock exchanges, futures exchanges, securities companies, futures brokerage companies, insurance companies or other state-owned financial institutions, and personnel appointed by state-owned commercial banks, stock exchanges, futures exchanges, securities companies, futures brokerage companies, insurance companies or other state-owned financial institutions to engage in official duties in non-state-owned institutions listed in the preceding paragraph shall be convicted and punished in accordance with the provisions of Article 384 of this Law.