This would of course allow a stricter control on (critical) postings...The plan has been scrapped. One of the reasons is that it would be nearly impossible to administer it properly.
On the other side, the community has take its own responsibility now.
The Internet Society of China (ISC) said on its Web site that it would seek public comment for one week on the "Blog Service Governance Communique." It encouraged "self-discipline" among bloggers and called upon the blogger community to "consciously enhance their sense of responsibility and social awareness of public morality."