Operating Business In China? Here Are Two Blacklists To Avoid

In today's digital age, big data is increasingly utilised to optimise the business environment and ease doing business in China. Equally, big data assist government departments to investigate enterprises that do not operate accordingly to law, including foreign-invested companies. Over the years, several administrative regulations and management rules ('regulations') have been adopted to regulate business operations and development. Namely, the regulations oblige enterprises to conduct business in an orderly, honest, steady, and healthy manner and proactively observe relevant Chinese laws and regulations. Such regulatory frameworks include:

• Provisional Regulations on Enterprise Information Disclosure (“Provisional Regulations”), effective from 1 October 2014