Draft regulation on illegal fundraising
China DailyAt the State Council’s executive meeting on Dec 21 chaired by Premier Li Keqiang, a draft regulation was passed on prevention and handling of illegal fundraising. It’s based on past experience and will further make the prevention and handling of illegal fundraising subject to the rule of law," Premier Li said. “We must deal with illegal fundraising by the rule of law, strengthen supervision in key areas, guard against and defuse risks, and protect the legitimate rights and interests of the people.” According to relevant departments, in recent years, positive results have been achieved in cracking down on illegal fundraising cases thanks to strong measures, yet the situation is still challenging. “We must always stay alert to illegal fundraising activities, make unremitting efforts to crack down on them in accordance with laws," Premier Li said.