Fight against economic crime needs cooperation (5)

The lawyer added it is urgent to enhance online supervision in these countries.

Zeng Xinhua, a researcher in criminal law at Beijing Normal University, agreed with Liu, saying legal cooperation agreements will be the most effective way to curb cross-border cases.

Currently, the punishment for economic crimes is not harsh enough to deter criminals, Zeng said.

"The most severe penalty for fraud is a life sentence," he added.

To help people avoid being victimized by economic criminals, Bai Shanyun, vice-president of the Beijing No 2 Intermediate People's Court, said they will provide legal advice to administrations with supervision loopholes, such as the forestry, industrial and commercial departments.

We Recommend:
Cute girls and children in chilling China	'Devil bodyguard training camp' in Sanya	China through the lens of Japanese photographer
Cheongsam inspired by women's secret language	Outrage as little girls don bikinis at auto show	Body painting show attracts public's view
Tough nail household in Wenling, Zhejiang	'Gangnam style' life of young rich in China	Sexy models and fancy cars rock auto show