It turned out that quite the opposite is true – the best contribution to sustainable growth a central bank can make is to keep prices stable. But stable prices are not the only prerequisite for growth. A stable financial system is also crucial – this is the lesson of the financial crisis.
Therefore, we shall, from the vantage point of “stressing political awareness” and based on the significance of safeguarding China’s economic and financial security, sharpen the awareness of the importance and urgency of AML, establish effective AML system, and bring AML onto the track of standardization and institutional arrangement. Second, AML is a necessity for relentlessly cracking down on economic crimes.