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CN State Council Holds Joint Conference on Anti-currency Counterfeit, Planning to Intensify Efforts to Combat Cybercrime
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The seventh meeting of the State Council’s Joint Conference on Combating Currency Counterfeit was held in Beijing last Tuesday (17th), emphasizing the need to improve the top-level design of anti-currency counterfeit work, accelerate the improvement of relevant laws and regulations, and optimize the county areas' anti-currency counterfeit governance system, according to the announcement made by the People's Bank of China (PBOC).

The authorities should also strengthen the crackdown intensity on the use of the internet to engage in currency counterfeit and maintain a deterrent effect on currency counterfeit.

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At the meeting, the Supreme People's Court, the Supreme People's Procuratorate, the State Administration for Market Regulation (SAMR), the State Post Bureau, ICBC (01398.HK), ABC (01288.HK) and other units exchanged their experiences and practices on anti-currency counterfeit work, and proposed corresponding work ideas and specific measures.
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