scrutiny criticism: Tianjin regulators Friday sent an inspection team to the company to inspect potential problems and supervise the rectification, according to Global Times China. VCG's website has been shut down. VCG's shares opened 25.20 yuan 4 on Friday, taking a dive by the daily limit of 10 percent, after representatives of the company were summoned by regulators in North China's Tianjin Municipality in midnight Thursday for containing sensitive and harmful information in some of its photo captions that cause serious damage, said a post on the authority's WeChat account. Other domestic photo providers like quanjing also became inaccessible on Friday. VCG apologized on Weibo, saying that We accept the scrutiny and criticism of netizens and media and will coordinate with the supervision department for a thorough rectification. China's National Copyright Administration NCA issued a statement on Friday, urging image providers to strengthen their management mechanism of intellectual property IP . The administration vowed to carry out measures to regulate the market order of image IPs.
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Tagged under scrutiny criticism, inspection team topics.