Stamping Out Pyramid Schemes

China will reinforce its crackdown on pyramid schemes with focused efforts, according to China’s top market regulator.

In the fight against pyramid schemes in 2018, the government will prioritize 11 cities, including Changsha, Nanchang, Nanjing, Nanning and Wuhan, according to a guideline released by the State Administration for Market Regulation.

The guideline requested work be carried out to eliminate online pyramid schemes, combining online monitoring with solid offline evidence.

The country will encourage online communities and platforms to get rid of pyramid schemes and strengthen online supervision, it said.

The guideline also called for improved communication among different departments involved in the government-led crackdown.

Despite progress in recent years, pyramid schemes, especially online, remain an issue in China, causing massive financial losses, skewing the values of participants and harming the social credit system. improve the equity and inclusiveness of basic public health care,” said Wang Hesheng, Deputy Director of the commission.

The focus of public health care work will be at the grassroots level with more resources and more hospitals at people’s doorsteps, according to Wang.

The training of general practitioners will be strengthened, and the country’s bigger hospitals will join medical unions to make referrals easier, Wang said.

He also said that healthcare departments will work on health education to put everyone “in charge” of their own well-being.