CCTV News: On the afternoon of February 13, the Ministry of Commerce held a regular press conference. A reporter asked: On February 4, the Ministry of Commerce issued an announcement to include the PVH Group and Inmena in the list of unreliable entities. What measures will the Ministry of Commerce take to impose sanctions on these two companies in the future?
The Ministry of Commerce spokesman He Yongqian said that on February 4, the working mechanism of the Unreliable Entity List put the US PVH Group and Inmena on the Unreliable Entity List. According to Article 10 of the "Regulations on the List of Unreliable Entities", for foreign entities included in the list of unreliable entities, the working mechanism may decide to take one or more measures based on actual conditions.
China has always carefully handled the issue of unreliable entities lists, and only targeted at a very small number of foreign entities that violate market rules and violated Chinese laws. Foreign entities that are honest and law-abiding have no need to worry at all. As always, the Chinese government welcomes enterprises from all over the world to invest and operate in China, and is committed to providing a stable, fair and predictable business environment for law-abiding and compliant foreign-funded enterprises to operate in China.
