Some finance fraud cases down, others up

While the number of cases involving financial crimes declined slightly last year, those involving a large number of victims have increased, China's top procuratorate said on Thursday.

Some 35,300 people connected with about 21,800 cases of financial crime were prosecuted last year, a decrease of 7.9 percent and 3 percent respectively from 2016, according to the Supreme People's Procuratorate.

"The decline is due to the public security and judicial organs stepping up their efforts against such crimes," said Wan Chun, director of the law and policy research office of the SPP.