On the Construction of China’s Counter-Terrorist Financing Legal System

Abstract

With the increasing diversification and covertness of global terrorist financing methods, China’s counter-terrorism financing legal system faces severe challenges. Constructing a counter-terrorism financing legal system that both conforms to international standards and adapts to China's national conditions is crucial for counter-terrorism efforts. This article analyzes the theoretical foundations and international legal framework of counter-terrorism financing, and compares it with the current state of China’s counter-terrorism financing legal system. It finds that China’s current counter-terrorism financing legal system is plagued by a lack of specialized laws, regulatory loopholes, shortcomings in international cooperation, and lagging technological application. Drawing on international experience, this article proposes building an efficient and comprehensive counter-terrorism financing prevention and control regulatory network to address the needs of domestic and international security situations by developing relevant legal frameworks, optimizing regulatory mechanisms, strengthening technological capabilities, and increasing social participation.