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TORONTO Jimmy Butler Jersey , March 25 (Xinhua) -- The newly-launched RMB clearing bank in Canada and the owner of the Canadian stock exchange inked a memorandum of understanding (MOU) here Wednesday to explore the RMB offshore market in North America.

According to the document, ICBC Canada (ICBK) and the TMX Group that owns and operates the Toronto Stock Exchange, will work to develop new opportunity for a wide range of financial products including bonds, stocks, interest rate derivatives and commodity derivatives.

ICBK, a subsidiary of the Industrial and Commercial Bank of China (ICBC) Jerian Grant Jersey , was officially launched here on Monday as the first RMB offshore trading center in the Western hemisphere.

The focus of ICBK-TMX cooperation will include, but not be limited to, the joint product development in multiple asset classes, clearing and settlement products and risk management mechanism.

Additionally, they will jointly explore the development of financial services, offshore RMB financing services Isaiah Canaan Jersey , RMB bonds, index, Exchange Traded Fund and commodity.

Analysts say the move indicates that RMB Internationalization achieved "a new remarkable progress in Canada." The cooperation, which relies on the mature financial market in Canada, is obviously beneficial to both China and Canada, according to them.

Shu Gu E'Twaun Moore Jersey , the senior executive vice president of ICBC, expressed his support in a statement, "it is a great opportunity to robust the trade between China and Canada. We believe this will also promote the pleasant business relationship with TMX Group."

"This MOU with ICBK represents an important new relationship for TMX Group," said TMX Group CEO Lou Eccleston. "We are pleased to begin work with ICBK to explore ways in which we can collaborate to strengthen our respective organizations and increase our presence in a key global marketplace."

BEIJING, March 26 (Xinhua) -- A campaign to capture corrupt officials who have fled abroad, carrying the name "Sky Net" Dwyane Wade Jersey , will be launched next month, the top anti-graft authority said on Thursday.

This campaign follows the success of Fox Hunt 2014.

From April, the campaign will focus on fugitive officials, illegal certificates, underground banks and misappropriated assets, according to a meeting of the central authority's anti-graft coordination group.

Sky Net will involve several government departments Doug McDermott Jersey , including the Organizational Department of the Communist Party of China (CPC) Central Committee, the Supreme People's Procuratorate (SPP), the Ministry of Public Security (MPS), the People's Bank of China (PBOC), or the central bank.

The MPS will focus on the seizure of fugitive suspects implicated in corruption cases, while the SPP will take charge of those suspected of duty-related crimes.

In addition Derrick Rose Jersey , the central bank will work with the MPS on crimes that involve the transfer of money abroad, while the Organizational Department of the CPC Central Committee will check travel documents.

The ongoing countercorruption drive has already led to the conviction of nearly 100 "tigers", referring to high-ranking officials, and many more minor officials, or "flies".

It aims to block the "last route of retreat" for corrupt officials.

A total of 680 fugitives suspected of economic crimes were repatriated to China from July to Dec. 31 last year.

Huang Shuxian, deputy head of the CPC Central Commission for Discipline Inspection (CCDI) Denzel Valentine Jersey , who also heads the office that pursues fugitive suspects and stolen assets, urged central and local departments to make coordinated efforts to ensure corrupt officials are brought home to face justice.

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