Beijing has experienced a three-year decline in the number of financial crimes filed from 2023 to 2025, thanks to its intensified efforts in combating such offenses, according to the city's public security bureau.

In recent years, Beijing police have aggressively targeted financial crimes that disrupt market order and threaten public safety, solving numerous major cases involving illegal fundraising in elderly care, corporate corruption, false invoicing, tax fraud, bid-rigging, illegal online stock recommendations, and insider trading, said Wang Xiaodong, an official in the bureau's economic investigation department.

Wang emphasized that these efforts aim to eliminate conditions that foster financial crimes, create a sound business environment, and enhance people's sense of fulfillment, happiness and safety.

"For instance, we have intensified our crackdown on securities and futures crimes in collaboration with securities regulators, focusing on the fight against illegal stock recommendations, market manipulation, and nondisclosure or false disclosure of important information," he said, revealing that since the beginning of last year, these efforts have led to the dismantling of 23 criminal groups and the detention of 322 suspects.

Wang also highlighted that Beijing police have prioritized tackling issues that directly affect people's daily lives and business operations, such as illegal apartment rentals, loans and corporate corruption.

Since last year, for instance, Beijing police effectively investigated and resolved more than 2,000 cases violating the legitimate rights of businesses, including embezzlement, fund misappropriation, and commercial bribery. "Our goal was to eradicate corrupt insiders and support the healthy development of enterprises," he explained.

While vowing to improve the efficiency of case handling by strengthening cooperation with financial, tax, securities, and market regulation authorities, he also noted that Beijing police will continue to provide legal education in communities, businesses, and schools to help the public better understand financial risks, enhance their legal awareness and guarantee their property safety.