In the Hainan FTP, what does “industry expression” in the enterprise name mean?

In the Hainan FTP, what does “industry expression” in the enterprise name mean?

The industry expression in the enterprise name should be a term that reflects the national economic industry to which the nature of the enterprise’s economic activities belongs or the business characteristics of the enterprise. 

The content of the industry expression in the enterprise name shall be consistent with the business scope of the enterprise. 

If the nature of the enterprise’s economic activities belongs to different categories of national economic industry, the industry in the enterprise name shall be expressed in terms of the category of national economic industries to which the nature of the main economic activities belongs. 

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Related article: Hainan FTP Q&A

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