In the aspect of commercial registration system reform, in order to encourage commercial subjects to take social responsibilities, Hainan takes the lead in reducing and exempting negative information of commercial subjects, which no longer publish negative information such as administrative punishment.

The press conference announced that the existing credit information publicity system needs to publicize regulatory information such as registration of commercial subjects, administrative licenses, administrative penalties, and especially negative information such as publication of administrative penalties, which leads to some commercial subjects are unwilling to publish supervision information on credit information publication system. In order to encourage commercial subjects to take social responsibilities actively, Hainan takes the lead in reducing negative information of commercial subjects.