Shanxi reshapes Credit for 1064 untrustworthy Enterprises

| gov.cn

Xinhua News Agency, Taiyuan, November 10 (Reporter Wei Biao) the reporter learned from the Shanxi Provincial Market Supervision Administration that by the end of October this year, Shanxi had completed credit repair for 1064 broken enterprises that met the repair situation.

In order to support the development of private enterprises and effectively solve the blockage and pain points in the process of enterprise development, at the end of November last year, the Shanxi Provincial Market Supervision Administration formulated and promulgated the Circular on the implementation of Credit repair for seriously illegal and untrustworthy Enterprises. To carry out credit repair work for enterprises that break the law and break their trust seriously.

Li Jinping, director of the Credit Supervision Department of the Shanxi Provincial Market Supervision Administration, said that the Shanxi Provincial Market Supervision Administration is in accordance with the principle of inclusive and prudential supervision, combined with the reality of the whole province. Credit repair shall be carried out for serious illegal and untrustworthy enterprises that have fulfilled some of their legal obligations and are less harmful to society. This system helps enterprises to "correct mistakes and revive", reduce the obstacles to the development of enterprises, and help to create an atmosphere of honesty and law-abiding in the whole society.

Shanxi reshapes Credit for 1064 untrustworthy Enterprises

| gov.cn

Xinhua News Agency, Taiyuan, November 10 (Reporter Wei Biao) the reporter learned from the Shanxi Provincial Market Supervision Administration that by the end of October this year, Shanxi had completed credit repair for 1064 broken enterprises that met the repair situation.

In order to support the development of private enterprises and effectively solve the blockage and pain points in the process of enterprise development, at the end of November last year, the Shanxi Provincial Market Supervision Administration formulated and promulgated the Circular on the implementation of Credit repair for seriously illegal and untrustworthy Enterprises. To carry out credit repair work for enterprises that break the law and break their trust seriously.

Li Jinping, director of the Credit Supervision Department of the Shanxi Provincial Market Supervision Administration, said that the Shanxi Provincial Market Supervision Administration is in accordance with the principle of inclusive and prudential supervision, combined with the reality of the whole province. Credit repair shall be carried out for serious illegal and untrustworthy enterprises that have fulfilled some of their legal obligations and are less harmful to society. This system helps enterprises to "correct mistakes and revive", reduce the obstacles to the development of enterprises, and help to create an atmosphere of honesty and law-abiding in the whole society.




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