Procedures of Shanghai Municipality on the Administration of the Collecting of Information Relating to the Credit Standing of Enterprises (for Trial Implementation)
Procedures of Shanghai Municipality on the Administration of the Collecting of Information Relating to the Credit Standing of Enterprises (for Trial Implementation)
Procedures of Shanghai Municipality on the Administration of the Collecting of Information Relating to the Credit Standing of Enterprises (for Trial Implementation)
Order of the Shanghai Municipal People's Government No.49
March 17, 2005
The Procedures of Shanghai Municipality on the Administration of the Collecting of Information Relating to the Credit Standing of Enterprises (for Trial Implementation), which was adopted at the 66th executive meeting of the provincial government on 9 March 2005, are hereby promulgated and shall come into force as of 1 May 2005.
Mayor Han Zheng
Appendix: Procedures of Shanghai Municipality on the Administration of the Collecting of Information Relating to the Credit Standing of Enterprises (for Trial Implementation)
Article 1 (Purpose)
For the purpose of normalizing and promoting the collecting of information relating to the credit standing of enterprises, safeguarding the fairness and impartiality in carrying out the collecting of information relating to the credit standing of enterprises, building the credit system of enterprises and creating an environment of social credit, these Procedures are formulated.
Article 2 (Definition)
The collecting of information relating to the credit standing of enterprises mentioned in these Procedures refers to the operational activities that provide products related to credit-information-collecting such as investigation, appraisal or rating reports relating to the credit standing of enterprises by collecting and processing information relating to the credit standing of enterprises entrusted by citizens, legal entities or other organizations.
A credit-information-collecting agency mentioned in these Procedures refers to a lawfully established agency that is specialized in the collecting of information relating to the credit standing of enterprises.
The information relating to the credit standing of enterprises mentioned in these Procedures refers to the information that has formed in the economic and social activities of enterprises and can be used to analyze or judge the credit standing of such enterprises.
Article 3 (Application Scope)
These Procedures shall apply to the collecting of information relating to the credit standing of enterprises and the supervision and administration thereof in this Municipality.
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