失信信息按照失信严重程度实行分类管理

Core Points - The National Development and Reform Commission (NDRC) has drafted the "Credit Repair Management Measures (Draft for Comments)" to establish a unified, standardized, and efficient credit repair system to assist credit entities in restoring their credit status effectively [1][2] - Credit repair refers to the process where credit entities apply to the "Credit China" website to remove or terminate the public disclosure of their bad credit information after correcting their misconduct and fulfilling relevant obligations [1] Summary by Sections Credit Entities and Information Management - Credit entities are defined as legal and non-legal organizations that have their bad credit information publicly disclosed on the "Credit China" website [1] - Bad credit information is categorized based on severity into three classes: "minor, general, and serious," with different public disclosure periods set according to the principle of proportionality [1] Public Disclosure Periods - Minor bad credit information may not be disclosed or can be repaired after fulfilling legal responsibilities, with a maximum public disclosure period of 3 months if necessary [1] - General bad credit information has a minimum public disclosure period of 3 months and a maximum of 1 year [1] - Serious bad credit information has a minimum public disclosure period of 1 year and a maximum of 3 years [1] Credit Repair Process - The credit repair process includes removing entities from the serious bad credit list, terminating the public disclosure of administrative penalties, and repairing other bad credit information [2] - Credit entities must meet specific conditions to apply for credit repair, including reaching the minimum public disclosure period, correcting misconduct, fulfilling obligations, making a public credit commitment, and complying with other legal requirements [2] - For bankrupt restructured enterprises, the management can apply for credit repair during the execution of the restructuring plan or settlement agreement, with relevant authorities required to temporarily shield bad credit information upon receiving the application [2]