Stephen Perry, chairman of the British 48 Group Club, said that China has undertaken a serious set of actions for over two years to address economic corruption and crime.
"The work over the last two and a half years will have reassured the people that the right approach and values are in place," said Perry.
The seasoned British entrepreneur and China watcher believed that China's leaders "will not cease till good selfless officials are in the ascendancy again, and business people -- state or private -- are moral and accept the wealth they create comes from the people and needs to be used, in the right amount, to give them social justice."
GLOBAL COOPERATION
In a globalized world, no country alone can tackle the problem of corruption. Countries around the world are strengthening their anti-graft cooperation to eliminate safe havens for the corrupt, which is inevitable and irresistible.
Sanguan Lewmanomont, president of the Thailand-China Law Society, said that the fight against corruption is no longer a nation's internal affair at a time when countries are more interdependent and their interests more closely interwoven.
"It calls for the coordinated efforts of countries worldwide. By working together, more corrupt officials can be brought to justice," said Lewmanomont.
"Fundamentally, those who abuse their position to falsely accumulate wealth are properly to be pursued to face justice wherever they go, subject to the legal systems where they go. Nations ought to assist each other in handling such matters and not provide safe havens for suspected criminals," said Perry, echoing Lewmanomont's opinion.
During the Asia-Pacific Economic Cooperation (APEC) meeting in Beijing in late 2014, the Beijing Declaration on Fighting Corruption was adopted, with APEC members pledging to eliminate corruption through extradition and judicial assistance and more flexible legal measures to recover the proceeds of crime.
Cooperation mechanisms are now beginning to bear fruit. In 2014, China finished 10 negotiations on extradition and administrative judicial treaties.
As of November 2014, China has concluded 39 extradition treaties and 52 criminal judicial assistance treaties with other countries, among which 29 extradition treaties and 46 criminal judicial assistance treaties are already in force.
In the meantime, law enforcement cooperation between China and the United States, Canada and Australia, the three major destinations preferred by fugitive Chinese corrupt officials, is also witnessing steady progress.