Chinese lawmakers reviewed the Supreme People’s Court’s 2024 work report this week, revealing a sharp drop in violent crimes and stronger protections for global investors. Here’s the lowdown 🌍⚖️:
Crime Stats Drop Like a Beat 🎧
Violent crimes hit a 10-year low, with 49,000 cases closed in 2024—down 5.8% from 2023. High-profile cases, like a Guangdong car attack and a Jiangsu school stabbing, saw perpetrators sentenced to death, sending a clear message about justice.
Cracking Down on Corruption 🚫💰
Courts handled 30,000 duty-related crimes (+22.3% YoY), including ex-soccer coach Li Tie’s 20-year sentence in a bribery scandal—proving no one’s above the law, even in sports ⚽️.
Global Biz Gets a Green Light 🌐📈
Foreign parties are increasingly trusting Chinese courts, with 417,000 international commercial cases settled since 2013. The Foreign Investment Law helped secure China’s rep as a top investment hub. 🇨🇳🤝
Fewer Loan Defaulters, More Trust 💳✨
China’s credit blacklist shrank for the first time in a decade (down 23.4% YoY), while 2.82 million defaulters got a second chance through credit repair—talk about a comeback story.
AI & Innovation Guarded 🤖🔒
Courts ramped up IP protection in tech and biotech, handling 494,000 IP cases (+0.9% YoY). Even AI disputes got resolved—because bots need rules too!
From crime drops to global trust gains, China’s judicial reforms aim to balance safety with opportunity. 💬🛡️
Reference(s):
cgtn.com