Measures for Joint Disciplinary List of Commercial Credit

On July 31, the Ministry of Commerce (Mofcom) promulgated Measures for the management of the joint disciplinary list of commercial credit. Mofcom is in charge of, in accordance with their statutory duties and the provisions of these Measures, add or remove relevant objects from the disciplinary list and publish or push it to the relevant departments to jointly implement credit restrictions and Joint Disciplinary measures. The Departments of Mofcom and the competent commercial departments at the provincial level are responsible for the determination of disciplinary lists in accordance with regulations and prudence, and responsible for the legitimacy, authenticity and accuracy.Read More →

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