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China's energy sector accelerated into the "credit" a regulatory era.

China's energy sector accelerated into the "credit" a regulatory era.

Time:
2018/10/11 09:23
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The National Energy Bureau recently issued the "energy of Market Competitors' Credit Evaluation Management Measures (Trial)" and the official establishment of the energy sector and the credit system construction leading group ".According to the insiders, this means that the energy sector and the credit system construction in China faster than ever, it is accelerated into the "credit" a regulatory era.

According to the insiders, it was the country's energy sector and accelerate the construction of credit system of the signal.Thereafter, at a time when the industry credit system construction in our country will enter the clear powers, have well - organized system of propulsion energy productive credit conditions of work has been done to quantify the rule - based, credit "valuable" application is expected in the energy sector which is being carried out.

in accordance with the evaluation approach, the energy sector the following 6 items of dishonesty, and we will pursue the one ballot vote system: a credit evaluation report or in the course of dynamic management of serious fraud or collusion to manipulate the results of the evaluation;Second, forged or fraudulent higher credit ratings proved to carry on business activities;Third, in a market activity, seriously violating self - discipline pact, there is vicious competition or disturbing the market, thereby causing serious consequences;Fourth, there is a serious contract fraud and other illegal activities;Fifth is listed in the energy sector seriously discreditable blacklists, or other relevant government ministries, the judiciary Joint Disciplinary blacklist of;Six other serious violation of existing laws and regulations.

Furthermore, assessment measures state that, according to the energy sector and credit market performance by "excellent" to "deterioration" is classified AAA, AA, A, B, C three grades.Energy market entity's credit worthiness will be informed of the results of the project is approved (on record), market access, daily supervision and regulation, government procurement, subsidies, funds earmarked for excellent work awards in strengthening their application, and by sharing a common manner, with other government departments, industry organizations to establish joint incentive disciplinary mechanisms.