1. Analysis of the characteristics of China’s credit investigation market: there are shortcomings in the aspects of supervision, marketization and enterprise level
The overall development of China’s credit investigation industry is immature, and there are shortcomings in supervision, marketization, enterprise level, etc. Driven by economic and social development, the demand for the use of credit information is increasing, and Internet technology has accelerated the development of the enterprise credit investigation industry.
2. Analysis of the construction of China’s credit investigation institutions — Scale of China’s credit investigation institutions: the number is small
Since 2016, the number of enterprise credit agencies in China’s credit investigation industry has remained at about 130, with a small overall number, in addition, the scale of enterprises is small. As of the end of August 2022, 136 enterprise credit bureaus have been registered in the branches of the People’s Bank of China.
3. The scale of China’s credit investigation institutions: about 90% of the registered capital is below 100 million yuan
According to the data released by the People’s Bank of China, as of the end of August 2022, there are 35 corporate credit bureaus in Beijing, China, which is the most in China. Through the analysis of the registered capital of various institutions in Beijing, it can be seen that nearly 90% of enterprises have a registered scale of less than 100 million, of which 41.18% are under 50 million, and the scale of credit investigation institutions is relatively small.
4. User analysis of China’s credit investigation industry – User types of China’s credit investigation industry: natural persons and enterprises
Users of the credit investigation industry mainly include natural persons, enterprises and other organizations in two categories, enterprises and other organizations according to industry types mainly include financial institutions, Internet enterprises, insurance institutions, leasing and commercial service enterprises, etc. The remaining types of enterprises can be summarized as other types of enterprises, such as educational enterprises and scientific research institutions, although they have a certain demand for credit information, but the frequency is low.
5. The user scale of China’s credit investigation industry: the coverage is expanding year by year
By the end of August 2022, China’s credit investigation industry has collected the information of 1.15 billion natural persons, 98.746 million enterprises and other organizations, and the scale of industry users has expanded year by year. By the end of 2022, the credit information system of the People’s Bank of China had collected the information of 1.16 billion natural persons and 100 million enterprises and other institutions.
Post time: Nov-08-2023