Legal Basis
Article 225 of the Criminal Law
If a person violates the state regulations and engages in one of the following acts of illegal business operation, disrupting the market order, and the circumstances are serious, he shall be sentenced to not more than five years' fixed-term imprisonment or criminal detention, and shall also be sentenced to, or be sentenced solely to, not less than one and not more than five times the amount of the illegal proceeds as a fine; and if the circumstances are particularly serious, he shall be sentenced to More than five years of fixed-term imprisonment, and impose a fine of not less than double and not more than five times the illegal income or confiscation of property:
(1) unauthorized operation of laws and administrative regulations of monopoly, monopoly goods or other restrictions on the sale of goods;
(2) trading in import and export licenses, import and export certificates of origin, as well as other laws and administrative regulations of the operation of licenses or approval documents
(3) illegal operation of securities, futures, insurance business without the approval of the relevant state authorities, or illegally engaged in the funds payment and settlement business;
(4) other serious disruption of the market order of illegal business practices.