China's procuratorial authorities intensify crackdown on economic and financial crimes in 2025

China's procuratorial authorities intensified efforts to combat economic and financial crimes in 2025, prosecuting 137,000 people and promoting the development of a law-based and credit-driven economy, according to the work report of the Supreme People's Procuratorate.

Ying Yong, prosecutor general of the SPP, delivered the report at the fourth session of the 14th National People's Congress, China's top legislature. The report will be deliberated during the ongoing fourth session of the 14th National People's Congress.

Working with the Ministry of Public Security and the General Administration of Customs, prosecutors cracked down on smuggling crimes, including the illegal export of strategic minerals, bringing charges against 9,874 people.

Authorities also targeted illegal intermediaries in the financial sector in coordination with the National Financial Regulatory Administration, participating in special operations against illegal fundraising and other financial offenses. A total of 25,000 people were prosecuted for financial crimes.

Efforts to strengthen capital market regulation were carried out with the China Securities Regulatory Commission. Prosecutors charged 418 people for securities-related offenses such as financial fraud, insider trading, market manipulation and fraudulent issuance.

Money laundering remained another focus. Prosecutors charged 3,259 people for laundering funds through channels such as virtual currencies and underground banks. In cooperation with the State Taxation Administration, prosecutors also launched a campaign targeting tax violations in the refined oil retail sector, helping recover 1.28 billion yuan ($185 million) in unpaid taxes through public interest litigation.

Authorities increased enforcement against monopoly and unfair competition, prosecuting 9,797 people for crimes including damaging business reputation and forced transactions, while handling 157 public interest litigation cases to help build a unified national market.

Procurators also joined a nationwide campaign to standardize law enforcement involving enterprises. They handled cases involving 19,900 people, supervised investigators to withdraw 2,471 cases, decided not to prosecute 3,539 individuals, and oversaw the release or return of 2.63 billion yuan worth of improperly seized or frozen assets.

Protection of intellectual property rights was further strengthened. Prosecutors worked with the Supreme People's Court to issue judicial interpretations on criminal IPR cases and coordinated with the National Copyright Administration to supervise 109 major infringement and piracy cases. In total, 19,000 people were prosecuted for crimes including trademark infringement, copyright violations and trade secret theft.

Authorities also cracked down on data security crimes in areas such as artificial intelligence and e-commerce, prosecuting 4,739 people. Prosecutors handled 3,658 civil, administrative and public interest litigation cases related to intellectual property, and strengthened oversight against malicious litigation.

Prosecutors also stepped up work on foreign-related cases, prosecuting 55,000 people and handling 254 international criminal judicial assistance cases.