China is seeking public opinion on a draft of a regulation to cut off funding for terrorist activities.

Funds and assets used by terrorist groups and facilitators of terrorist activity should be frozen immediately after a list of such groups or people is confirmed by authorities, according to the draft released on May 24.

The document, jointly drafted by the People's Bank of China (PBOC), the Ministry of Public Security and the Ministry of State Security, will remain open to public discussion until June 23.

The draft rule is intended to put into practice a decision on strengthening counter-terrorism efforts adopted in October 2011 by urging improvements to the process of freezing terrorist-related assets, according to a PBOC statement.