The Supreme People’s Procuratorate held a National Procurators’ Conference emphasizing the need for robust legal frameworks to support high-quality economic development.
Procuratorial organs are mandated to ensure economic and financial security, with severe penalties proposed for serious economic crimes, including smuggling of strategic minerals.
The conference highlighted the necessity for intensified anti-money laundering initiatives, particularly against underground banks and virtual currencies, while promoting collaboration with the China Securities Regulatory Commission.
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