China is issuing new rules aimed at tackling cross-border corruption and strengthening cooperation in international jurisdictions.
The draft Anti-Cross-Border Corruption Law was submitted to the standing committee of the National People's Congress, China's highest legislative body, for review and approval on August 25.
As Chinese enterprises expand globally, cross-border corruption is posing growing challenges, including overseas evidence collection, fugitive pursuit and illicit asset recovery, while existing rules lack systematic arrangements for such scenarios.
As China's first dedicated legislation targeting transnational graft, the draft law is expected to close loopholes, safeguard national sovereignty, security and development interests and boost international anti-graft cooperation.
Containing six chapters and 47 articles, the draft law defines working principles, institutional mechanisms and departmental duties. It strengthens case-handling and global cooperation, imposes integrity and compliance obligations on enterprises, and stipulates corresponding legal liabilities for violations.
Experts said it signals that China's cross-border anti-corruption practices are evolving from case-by-case repatriation to institutional-based governance, and from a domestic closed-loop framework toward being integrated with the international rule of law.
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