On August 19, State Administration for Industry and Commerce promulgated Interim Measures for the Administration of the Directory of Enterprises with Abnormal Operation (hereinafter referred to as the “Measures”),which will be implemented on October 1, 2014.
The Measures provide for the jurisdiction of the directory of enterprises with abnormal operation (hereinafter the “Directory”), procedures and circumstances of inclusion and exclusion, conditions of inclusion of enterprises with serious offences in the Directory and resolution of objections to decisions on inclusion and exclusion.
The Measures also clarify that the administrative department for industry and commerce is obligated to include enterprises with abnormal operation in the Directory, make public announcements through the Enterprise Credit Information Disclosure System and remind the enterprises of fulfilling the announced obligations. According to the Measures, enterprises may apply for administrative review or initiate the administrative litigation proceedings when they object to decisions on inclusion and exclusion of Directory.
(From: State Administration for Industry and Commerce)