31.4 lakh firms in black list

made-in-chinaGovernment of China has black listed 31.4 lakh companies taking into
account transparency, evasion of income tax, administrative lapses among others. All the black listed companies details were pasted in the website of National Enterprise Credit Information Publicity
System, according to deputy chief of China’s industrial and commercial
department Liu Yuting. The said website provide information on company registrations, administrative details, taxes and fines, Liu informed.

Medaram Jathara

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