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Publication rate of Tibet’s market entities ranks first in China
update:July 14,2016
July 14, 2016 -- According to the Industrial and Commercial Bureau of Tibet Autonomous Region, Tibet's market entities have achieved remarkable results in 2015. By July 26, 2016, the public notification rate of corporate annual reports has reached 91.45%, ranking first inChina.
Corporate annual report is an important basis for reflecting the survival rate and activeness of market entities. What's more, the annual report and timely public notification are obligations that market entities must fulfill.
For market entities that fail to submit the annual report and not notify it publicly, they will be included in the list of abnormal operation. In addition, they will be restricted or banned in work such as government procurement, engineering bidding, state-owned land transfer and honorary title awarding.
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