According to Odaily, the first plenary (expanded) meeting of the Inter-Ministerial Joint Conference on Preventing and Combating Illegal Financial Activities was held in Beijing on September 3. The meeting was attended by Li Yunze, Secretary of the Party Committee and Director of the Financial Regulatory Administration, who delivered a speech emphasizing the need for comprehensive measures to address both the symptoms and root causes of illegal financial activities. The meeting called for a full-chain governance approach to advance the work against illegal financial activities.

The conference highlighted the importance of moving the risk prevention threshold forward, strictly controlling market access, and promptly blocking the transmission paths of illegal financial activities. It stressed the need to strengthen risk monitoring comprehensively and to establish and improve a monitoring and early warning system. Collaborative efforts in early warning analysis and the reinforcement of the role of financial institutions as front-line sentinels were also underscored.

Additionally, the meeting emphasized maintaining a high-pressure stance against illegal financial activities, promptly identifying and addressing issues, and focusing on tackling key cases. It also called for the deepening of special actions to combat illegal fundraising.