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Coporate annual report submitting rate exceeds 91% in Shandong

2017/8/10 16:38:56   source:Sdchina.com

Recently, Shandong wrapped up the work on the publicity of corporate annual reports.

Up to June 30, 2017, 1.682 million enterprises in Shandong have submitted their 2016 annual report to the Industry and Commerce Department via the National Enterprise Credit Information Publicity System. The submitting rate amounts to 91.07 percent, way above last year.

Tian Zhiying, vice director-general and spokesman of Shandong Administration for Industry and Commerce, said since the implementation of the annual report system, the number of enterprises submitting annual reports in Shandong rose to 1.68 million in 2016 from 0.78 million in 2013.

The rising number indicates the obvious results of the mass entrepreneurship and innovation in Shandong.

In addition, the rate of submitted annual reports in Shandong has stayed around 90 percent over the past years, which reflects the favorable environment and high enterprise survival rate in Shandong.

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Sponsor:Information Office of Shandong Provincial People’s Government