Latest News:  
Beijing   Cloudy/Overcast    19 / 12   City Forecast

Home>>China Society

China seizes 243 mln yuan in fake currency notes


10:11, October 19, 2011

BEIJING, Oct. 18 (Xinhua) -- Chinese police have confiscated around 243 million yuan (around 38 million U.S. dollars) in fake currency notes this year, the Ministry of Public Security said Tuesday.

The ministry said in a statement that the situation concerning counterfeiting crimes has improved in China thanks to the continued efforts by police across the country.

The police had investigated 509 counterfeit money-related criminal cases as of August this year, down 52 from the same period of last year, the ministry said.

The ministry's figures showed that the monthly average number of new such cases under police investigation dropped from 398 in 2009, to 125 in 2010, and further to some 64 this year, a 10-year low.

The number of reported fake money criminal cases continued to decrease for 22 consecutive months from November 2009 to August this year, according to the ministry.


Leave your comment0 comments

  1. Name


Selections for you

  1. Lantern show kicks off in N China

  2. Buddhist arts exhibited in south China

  3. Emerald sculptures on exhibition at Palace Museum

  4. Cynthia Valdez wins gold in rhythmic gymnastics at Pan American Games

Most Popular


  1. Job death shows Americans' love of big business
  2. Wall Street leads the West to a world of chaos
  3. Are China's forex reserves too big?
  4. Signs of higher mortgage rates
  5. Taobao Mall suffers from growing pains
  6. Is investing in forex cost effective?
  7. China needs cultural power
  8. Small vendors' wrath
  9. Sincerity needed to solve South China Sea dispute
  10. Money-dominated US must listen to its people

What's happening in China

Parents see green scarves as humiliation to pupils

  1. Corruption still rife in construction industry
  2. Charity considers ways to restore credibility
  3. Lack of cash brings rail projects to a standstill
  4. Screen doors make city's subways safer
  5. Wal-Mart top China exec quits

PD Online Data

  1. Chinese Valentine's Day
  2. Double Ninth Festival
  3. Dragon Boat Festival
  4. Solar Terms
  5. Laba Festival