Zhou: anti-money laundering mechanism essential

China's central bank governor Zhou Xiaochuan said on Tuesday 12 April that it is of "significant importance" for European and Asian countries to establish an efficient anti-money laundering mechanism, People's Bank of China sources were quoted as saying.

The mechanism will help check the serious transnational crimes, Zhou said at the opening ceremony of the Eurasian Group on Combating Money Laundering and Financing of Terrorism (EAG), which opened Tuesday in Shanghai.

According to Xinhuanet he

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