S China to crack down on commercial crimes

Updated: 2012-02-10 14:54


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GUANGZHOU - Officials of Guangdong province, an economic powerhouse in south China, have urged to crack down on commercial crimes to maintain market order and a sound environment for market economy.

The crackdown will focus on stamping out counterfeiting and commercial bribery to maintain normal market order as the province is in a critical time in transforming and upgrading its economy amid the complicated domestic and global economic situation, said Wang Yang, secretary of the Guangdong Provincial Committee of the Communist Party of China(CPC).

To create a favorable market environment, Guangdong provincial government will also establish a credit system as well as a market supervision system, Wang told a provincial work meeting on Thursday.

"Monopolizing, counterfeiting and commercial bribery are the 'cancer' of the economy," Wang said, adding that they damage the stability of the society and are hated by the people.

Governor Zhu Xiaodan called on the participation of all social forces in the crackdown to give hard strike on various crimes.