Chinese financial institutions will be required to report to police in time flow of capital suspected of being used for drug trafficking with the country's first bill on drug control.

The draft anti-drug law, the first specifically designed to crack down on drug trafficking, demanded the People's Bank of China, or central bank, to strengthen monitoring over suspected drug trafficking capital and guide and deploy anti-money laundering work of financial institutions.

All the financial institutions are ordered to cooperate with police in investigation, it said.

The bill is being considered at the Aug. 22-27 session of the Standing Committee of the National People's Congress, or top legislature.

Source: Xinhua