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Chinese courts step up oversight of profit-driven law enforcement: report

China

China

China

Chinese courts step up oversight of profit-driven law enforcement: report

2025-03-08 21:44 Last Updated At:22:07

China's courts have acted to protect the rights of businesses and entrepreneurs by stepping up oversight of illicit cross-region and profit-driven law enforcement, said a work report of the Supreme People's Court submitted Saturday to the annual session of the country's national legislature for deliberation.

The report was delivered by Zhang Jun, president and chief justice of the Supreme People's Court, at the second plenary meeting of the third session of the 14th National People's Congress.

Summarizing its work over the past year, the top court said the move was part of the judiciary's efforts to "create a law-based business environment."

"We have worked unswervingly both to consolidate and develop the public sector and to encourage, support, and guide the development of the non-public sector. The legitimate rights and interests of both state-owned and private businesses were equally protected, while their illegal and criminal activities were severely punished in accordance with the law. We have strengthened the oversight of illicit cross-region and profit-driven law enforcement to strictly prevent the misuse of criminal measures in economic disputes," said Zhang while delivering the report.

The report noted that 46 cases involving property rights were retried and corrected by courts in 2024, acquitting 13 out of 72 people involved in these cases.

Courts across the country have also severely punish crimes such as spreading rumors, slandering and extortion against enterprises, according to the report.

The third session of the 14th National People's Congress runs from March 5 to 11.

Chinese courts step up oversight of profit-driven law enforcement: report

Chinese courts step up oversight of profit-driven law enforcement: report

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U.S. dollar ticks up

 

The U.S. dollar strengthened in late trading on Thursday.

The dollar index, which measures the greenback against six major peers, added 0.16 percent to 98.212 at 3 p.m. (1900 GMT).

In late New York trading, the euro slipped to 1.1774 dollars from 1.18 dollars in the previous session, and the British pound fell to 1.3525 dollars from 1.3572 dollars in the previous session.

The U.S. dollar bought 159.26 Japanese yen, higher than 159.05 Japanese yen in the previous session. The U.S. dollar rose to 0.7844 Swiss francs from 0.7818 Swiss francs, and it declined to 1.3706 Canadian dollars from 1.3729 Canadian dollars. The U.S. dollar was up to 9.2051 Swedish kronor from 9.1580 Swedish kronor.

U.S. dollar ticks up

U.S. dollar ticks up

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