China will establish a 'list of unreliable entities'! Specific measures will be announced in the near future. According to Gao Feng, spokesman of the Ministry of Commerce, released this afternoon, according to relevant laws and regulations, China will establish a list system of unreliable entities. Foreign enterprises, organizations or individuals who do not abide by market rules, deviate from the spirit of contract, block or cut off supply to Chinese enterprises for non-commercial purposes, and seriously damage the legitimate rights and interests of Chinese enterprises will be included in the list of unreliable entities.
Full text of the press release:
According to relevant laws and regulations, China will establish a list of unreliable entities. Foreign enterprise organizations or individuals who do not abide by market rules, deviate from the spirit of contract, block or cut off the supply of Chinese enterprises for non-commercial reasons, and seriously damage the legitimate rights and interests of Chinese enterprises will be included in the list of unreliable entities. Specific measures will be announced in the near future.
CCTV reporter asked: what are the reasons for the Chinese government's introduction of the unreliable entity list system?
Peak: at present, there are more uncertain and unstable factors in the world economic development, unilateralism and trade protectionism are on the rise, the multilateral trading system is facing severe challenges, normal international economic and trade activities are disturbed, and some foreign entities, for non-commercial purposes, violate the normal market rules and contract spirit, and take blockade, supply interruption and other discriminatory measures against Chinese enterprises, Damage the legitimate rights and interests of Chinese enterprises, endanger China's national security and interests, pose a threat to the security of the global industrial chain and supply chain, have a negative impact on the global economy, and damage the interests of relevant enterprises and consumers. In order to safeguard international economic and trade rules and the multilateral trading system, oppose unilateralism and trade protectionism, and safeguard China's national security In the interests of the public and the legitimate rights and interests of enterprises, China is deciding to establish a list system of unreliable entities.
A reporter from Xinhua news agency asked: what is the basis for China to establish an unreliable entity list system?
Peak: in accordance with the foreign trade law of the people's Republic of China, the anti monopoly law of the people's Republic of China, the national security law of the people's Republic of China and other relevant laws and regulations, the Chinese government has decided to establish a list system of unreliable entities, Foreign legal person organizations or individuals that block or cut off supply to Chinese entities for non-commercial purposes or take other measures that cause material damage to Chinese enterprises or related industries and pose a threat or potential threat to China's national security will be included.
The reporter asked: what measures will China take for the organizations or individuals listed this time?
Peak: for foreign legal persons included in the list of unreliable entities, other organizations or individuals will take necessary measures, and the specific measures will be announced in the near future.