D&B and CIIMC China International Institute of Multinational Corporations (CIIMC), a renowned organization known for the publication of the world’s famous “World Economic Development Declaration”, and the world’s leading global business credit rating institution, the D&B Corporation (D&B), jointly announced the launch of the “China International Credit Enterprises” at the press conference held at the Great Hall of the People.  A total of 85 representatives from media and approximately 40 government and key industry officials attended the press conference. “China International Credit Enterprises” is a program to provide Chinese enterprises with a systematic process to present their credibility to suppliers.  The process starts with the credit standard D-U-N-S Number, key company operational data and disclosure of financial statement.  In a second phase the company will be subject to a rating which will be reviewed annually. Source: D&B Press Release

BIIA Newsletter June – 2006 Issue