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China has been strengthening the protection of intellectual property rights over the years. A total of 19,060 counterfeiting cases were solved by public security organs in the country in 2018, with nearly 28,000 suspects detained.
China has become a high-profile and potential market. The Economic Information Daily citing sigma report from Swiss Re said the country will be the world's largest insurance market by mid-2030s. German insurer Allianz also predicted China will continue to lead the global insurance market, and the premium size will increase at annual 14 percent in next 10 years.
China faces a "severe and complicated" situation concerning combating money laundering amid rising financial risks and even more stricter international standards on fighting money laundering, Yin said at a briefing.
China has become an important growth driver in world services trade in recent years. It has been the world's second-largest trader in services for six consecutive years, and its trade in services in 2019 reached 5.42 trillion yuan (3 billion), the Ministry of Commerce said.
China has fulfilled Security Council resolutions on the DPRK and regularly submitted records of oil exports to that country, he said, emphasizing that violations, if found, will be handled in line with China's own laws.
来源：资阳报