SAIC: according to the law to increase the intensity of punishment for dishonest business

According Yiwu news that State Administration for Industry and Deputy Director Liu Yuting 19 said the business sector will focus on special supervision of lose-trust company ,  and  given  working constraints and locked to the legal representative who into the “black list”  in the country, and illegal logging companies to the public, which shall increase the efforts of punishment for bad credit business.
those remarks by Liu Yuting that was held in Taiyuan,on the meeting of corporate credit classification exchange of experience between national industrial and commercial administration supervision.
According to Liu Yuting introduced, the business sector according to the integrity of law-abiding, setting trust worthy companies, warning business, bad credit business, a serious bad credit business,given the special supervision focus on bad credit business. According law, timely and accurate disclose business-related regulatory information, the credit status of enterprises placed under the supervision of the community, this is an effective means to increase the business cost of dishonesty, punishment of dishonest behavior.