Liu Tienan fell from grace after allegations about illegal activities first surfaced from a prominent journalist two years ago.
The former deputy director of the National Development and Reform Commission sought benefits for others by taking advantage of his position, and accepted "an extremely large amount" of financial incentives, the official Xinhua news agency quoted an indictment as saying.
The charges were laid against Liu by prosecutors in Langfang in the northern province of Hubei, the Supreme People's Procuratorate said in a statement on its website.
Xi Jinping took office as president last year vowing to root out corrupt officials ranging from high-ranking "tigers" to low-level "flies", and warning that graft could destroy the party.
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Corruption causes widespread public anger and the drive has been widely publicised. But critics say no systemic reforms have been introduced to combat it, while citizen activists calling for such measures have been jailed on public order offences.
Allegations against Liu surfaced in 2012 when a journalist at investigative magazine Caijing accused him of fraud, graft and sending death threats.
Ling Zhengce, 62, has been removed as a vice president of the Shanxi provincial branch of the Chinese People's Consultative Conference, a debating chamber which is part of the party-controlled government structure, according to a report by cpcnews.Cn
The party's central disciplinary body announced last week he was being investigated for "serious discipline violations", generally a euphemism for graft.
Photographs of the crash were briefly circulated online, sparking questions about how the son of a government official could afford a car worth a reported five million yuan (around USD 800,000).