On September 19, 2020, with the approval of the State Council, the Ministry of Commerce ("MOFCOM") promulgated the Provisions on the Unreliable Entity List (the "Provisions"), which came into effect on the date of promulgation. More than a year after MOFCOM's announcing at the end of May last year that China would establish an Unreliable Entity List ("UEL") system, the final Provisions have refined the system and made some adjustments in terms of specific content, reflecting the supervision department’s thinking on the legislative purpose, the actual operation details, and the connection with other departmental laws.