China is intensifying efforts to tackle illicit financial activity with a comprehensive meeting held in Beijing on April 10, 2025. The event, featuring the Inter-Ministerial Joint Conference and a special action meeting tackling illegal fundraising, focused on strategically reducing existing risks and addressing challenges related to these activities. Key strategies outlined included tightening market entry regulations, improving monitoring and warning systems, optimizing administrative processes, and boosting public education and guidance. These measures aim to build upon past successes in combating illicit financial activity while ensuring a successful conclusion to the special action initiatives. Participants were urged to further develop comprehensive policy measures addressing the root causes of illegal financial activities, reflecting China’s commitment to maintaining financial stability and security.