Industry Trends

Industry Trends

Industry Trends

  • How to perfect the commercial credit report market system

    How to perfect the commercial credit report market system

    We will increase support for commercial first loans and credit loans, emphasize the need to improve the credit information sharing mechanism for private enterprises, improve the credit rating and evaluation system for micro, small and medium-sized enterprises and individual industrial and commerc...
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  • China is gradually clarifying the legal status of credit information centers

    China is gradually clarifying the legal status of credit information centers

    Financial institutions are encouraged to use digital technology to optimize credit processes and credit evaluation models, increase supply chain financial support, improve products and services, and enhance the availability of financial services under the premise of legal compliance and controlla...
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  • The new BRICS members seek a fairer world credit economic order

    The new BRICS members seek a fairer world credit economic order

    As an international partnership seeking to build a mutually beneficial order, the expansion of the BRICS countries is an influential step toward building a world order with a more equitable distribution of resources. While welcoming BRICS membership, the new members call for a fairer and more bal...
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  • What are the specific measures to stimulate the economic vitality of private business credit?

    What are the specific measures to stimulate the economic vitality of private business credit?

    Many private enterprises have reported that some places have set unreasonable restrictions and hidden barriers to private enterprises in terms of market access, project bidding and bidding, and private enterprises have been treated unfairly, which not only affects the local business environment a...
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  • How to choose a trusted business credit reporting company

    How to choose a trusted business credit reporting company

    Choosing a trusted business credit reporting company is crucial for obtaining accurate and reliable information about a business’s creditworthiness. Here are some key factors to consider when selecting a business credit reporting company: Reputation and Credibility: Look for well-establis...
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  • What does a business credit reporting company cover

    What does a business credit reporting company cover

    A business credit reporting company collects and provides information about the creditworthiness of businesses. The specific information covered by a business credit reporting company can vary, but it typically includes the following key elements: Credit History: This includes details about a bu...
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  • The importance of business credit report in international trade

    The importance of business credit report in international trade

    In the interconnected world of international trade, the importance of a robust business credit report cannot be overstated. Here’s why businesses engaging in global commerce should prioritize and leverage the insights derived from comprehensive credit reporting: Risk Mitigation: Internation...
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  • Normative interpretation of business credit report

    Normative interpretation of business credit report

    A normative interpretation of a business credit report involves assessing the information provided in the report based on established norms, standards, and best practices in the business and financial industry. Business credit reports typically contain information about a company’s cred...
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  • The basic credit information business of enterprises should not set up filing supervision

    The basic credit information business of enterprises should not set up filing supervision

    The credit investigation industry needs administrative supervision; Further from the classification of credit information subjects and credit reporting business, all business of personal credit reporting and enterprise credit rating business in enterprise credit reporting need supervision. These ...
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  • The “Credit Shanghe Cooperation Research Center” was launched to help the cross-border credit industry chain

    The “Credit Shanghe Cooperation Research Center” was launched to help the cross-border credit industry chain

    From June 15 to 16, during the SCO Industrial Chain and Supply Chain Forum, activities such as the Parallel Forum on Logistics and Trade, Parallel Forum on Energy Cooperation, and Cross-border Credit Industry Matchmaking were held in succession. Guests, experts and scholars from home and abroad a...
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  • How can business credit agencies provide credit scoring service better?

    How can business credit agencies provide credit scoring service better?

    Although the credit rating is not regulated in the credit investigation regulations, it does not prevent some business credit investigation agencies from providing credit scoring services. Because the relationship between credit score and basic credit is too close, if it is hard to separate it wi...
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  • It is a pity that business credit ratings are not written into regulations

    It is a pity that business credit ratings are not written into regulations

    Due to the close connection between credit assessment business (including business credit rating and business credit scoring) and basic credit investigation business, the drafting of the regulations has been considering that credit rating business can be included in a regulation. “Consideri...
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