After the “9.11” incident, the Chinese government promoted the UN Resolutions 1368 and 1373 on anti-terrorism financing and signed on important legal documents on international anti-terrorism financing, such as the International convention for the Suppression of the Financing of Terrorism, and Shanghai Convention on Terrorism, Extremism and Separatism.
The Chinese government is supportive to the establishment of international cooperation framework in anti-money laundering and anti-terrorist financing. In February 2004, China officially applied to join the Financial Action Task Force (FATF). In February and October 2004 consecutively, the PBC wrote to the Chairman of FATF and expressed its commitment to follow the FATF anti-money laundering and anti-terrorist financing recommendations.