China outlines factors to list unreliable foreign entities

Source: Xinhua| 2019-06-01 21:53:32|Editor: zh
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BEIJING, June 1 (Xinhua) -- China will consider four factors when deciding whether to put a foreign entity on a list of "unreliable entities," the Ministry of Commerce (MOC) said Saturday.

The country will establish such a list based on relevant laws and regulations to safeguard national security, public interest and the rights and interests of Chinese enterprises, the MOC announced Friday.

The Chinese government will consider first whether the foreign entity has adopted discriminatory measures on Chinese entities including a blockade or supply cut before putting it on the list, said Zhi Luxun, director with MOC's bureau of industry, security, import and export control.

It will also consider three other factors including whether the foreign entity violates market rules or contract spirit for non-commercial purposes, whether it causes actual damage to Chinese firms or related industries, and whether it poses actual or potential threats to China's national security, Zhi said.

China will take all necessary legal and administrative measures against the listed entities in accordance with China's foreign trade law, anti-monopoly law, state security law and other related laws and regulations, according to the MOC.

Enterprises or individuals on the list will go through certain investigation procedures and related stakeholders will be given certain rights to defend themselves. Detailed measures will be rolled out soon, said Wang Hejun, director of MOC's treaty and law department.