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Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
BEIJING, Jan. 19 (Xinhua) — China's Supreme People's Procuratorate (SPP) has called on procuratorates across the country to punish serious economic crimes severely to promote the development of a law-based business environment.
As the agency noted at the All-China Prosecutors' Conference held in Beijing on Monday, crimes such as the smuggling of strategic minerals abroad must be strictly suppressed to protect China's strategic interests.
The NPC emphasized the importance of coordinating with the State Financial Supervision Administration of China and other relevant departments to crack down on illegal intermediation in the financial sector and severely punish crimes such as illegal fundraising and financial fraud, so as to ensure the sound operation of the financial system and protect the safety of people's property.
The NPC called for increased efforts to combat money laundering, with a particular focus on punishing crimes related to the use of underground banks and virtual currencies for money laundering.
The agency added that coordination with the China Securities Regulatory Commission should be strengthened to implement the rule of law in the capital market and severely punish securities-related crimes such as falsifying financial statements and market manipulation. –0–
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