The Chinese government attaches importance to the fight against
money laundering and financing of terrorism, said a high-ranking
bank official on Thursday.
China will broaden and deepen the cooperation with other
countries for the peace and prosperity of the whole world, said Su
Ning, vice governor of the central bank at the seventh plenary
meeting of the Eurasian Group on Combating Money Laundering and
Financing of Terrorism (EAG) in Sanya, south China's Hainan
Province.
Chinese authorities including the Ministry of Public Security
have cracked 221 cases of money laundering involving 60.775 billion
yuan (8.26 billion U.S. dollars) with the help of the central bank
between 2003 and 2006.
The EAG was founded by China, Russia, Kazakhstan, Tajikistan,
Kyrgyzstan and Belarus in Moscow in October, 2004.
(Xinhua News Agency December 14, 2007)