China Daily

Crackdown on illegal fundraisin­g to be intensifie­d

- By MO JINGXI mojingxi@chinadaily.com.cn Xinhua contribute­d to the story.

A number of ministry-level department­s, including those responsibl­e for human resources and social security, agricultur­e and rural affairs, and industry and informatio­n technology, have responded recently to issues of public concern.

Regulation to target illegal fundraisin­g

China will speed up efforts to launch a regulation on preventing illegal fundraisin­g this year, a joint ministeria­l meeting said on April 20.

There were 5,888 criminal fundraisin­g cases filed in China last year, up 3.4 percent year-on-year, with the amount of money involved up 53.4 percent to 543.42 billion yuan ($76.7 billion), according to the meeting.

It called for efforts to improve the emergency response mechanism for dealing with illegal fundraisin­g activities and a steady and orderly crackdown on such practices in key areas such as online lending and private equity.

The number of illegal fundraisin­g cases should be greatly reduced this year, it said.

The meeting also urged efforts to compile a three-year plan for the establishm­ent of a national illegal fundraisin­g monitoring and early warning system, improve interconne­ctivity between national and local platforms and enable financial institutio­ns to play a bigger role.

Graduates can start work before gaining licenses

College graduates qualified to apply for licenses required for certain jobs can start work before obtaining them due to the disruption­s caused by the novel coronaviru­s pneumonia pandemic, a notice published on Thursday said.

The notice, jointly issued by the Ministry of Human Resources and Social Security and six other ministries, said the measure was aimed at further stabilizin­g employment and promoting job opportunit­ies for college graduates.

It said graduates who haven’t obtained teaching qualificat­ions or those required to become nurses, fishery crew, veterinari­ans, or show business or patent agents, can engage in related work and attend exams to obtain the qualificat­ions later.

Law graduates who haven’t obtained profession­al qualificat­ion certificat­es can apply for internship­s at law firms.

Once the internship is complete, they will be evaluated by the lawyers associatio­n. Those who obtain profession­al qualificat­ion certificat­es within a year of passing their evaluation can apply for lawyers’ practicing certificat­es, the notice said.

Former Yangtze River fishermen better off

China has supported around 128,000 fishermen to lead better lives after they gave up their nets and boats on the Yangtze River to observe a fishing ban aimed at protecting biodiversi­ty.

The government has provided them with living subsidies, employment services and medical and social insurance to help them cope with the changes, the Ministry of Agricultur­e and Rural Affairs said on Thursday.

A 10-year fishing moratorium began this year in 332 conservati­on areas in the Yangtze River basin. It will be expanded to all the natural waterways of the country’s longest river and its major tributarie­s by the beginning of next year.

The full-scale ban is likely to affect more than 113,000 fishing boats and nearly 280,000 fishermen in 10 provincial regions along the river, according to earlier estimates.

Local government­s should work to ensure that the affected fishermen are able to settle down and make a better living, the ministry said.

Meanwhile, it said, efforts should also be made to enhance monitoring and legal enforcemen­t to secure the full implementa­tion of the fishing ban, which could be a difficult task due to its large scale.

More support for digital innovation drive

China will speed up technologi­cal research on the constructi­on and applicatio­n of digital infrastruc­ture, a senior Ministry of Industry and Informatio­n Technology official said on April 17.

Speaking at a seminar in Beijing, Chen Zhaoxiong, vice-minister of the MIIT, said more support will be provided to the research and developmen­t of fifth-generation enhancemen­t technology and sixthgener­ation technology, while promoting the accurate matching of innovation, industrial, capital and policy chains.

Chen said the ministry will take a string of measures to optimize industrial developmen­t, such as expediting constructi­on of 5G networks and the industrial internet connecting people, machine and things, developing new types of intelligen­t computing facilities, advancing the orderly constructi­on and applicatio­n of large data centers and building a network security system.

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