“Implementation Plan for Further Improving the Credit Repair System” has been implemented from June 22, 2025
Chinese government has adjusted its supervision of market entities from ex-ante regulation to ex-post regulation for more than a decade. During this process, the credit information publicized by enterprises has become a key indicator. Once publicized for non-compliant behaviors, enterprises’ transactions, financing, and other activities may be affected. For this reason, the government has also taken many measures to allow enterprises with non-serious or eliminated illegal and dishonest behaviors to rebuild their credit under certain conditions. On September 1, 2021, the SAMR issued the “Administrative Measures for Credit Repair in Market Supervision”, which stipulated the applicable scenarios, application processes, and…