Industry Trends
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Market economy is credit economy and rule of law economy
In the face of market competition, in order to better manage credit risk funds and adapt to the credit reporting system of the market economy, it has been re awakened in Chinese Mainland. The earliest prototype was the paper letter of credit in Shenzhen, which has now evolved into the business cr...Read more -
Establish a regulatory mechanism for business credit reporting companies based on credit supervision
We will integrate social credit into the basic system of the market economy, and profoundly point out that we must improve the basic system of the market economy such as social credit and optimize the business environment. Carry forward the integrity culture and improve the long-term mechanism of...Read more -
Promote an efficient business credit management system
Encourage places where conditions permit to establish and improve business entities’ credit records, implement credit commitments, and improve reward and punishment mechanisms in the fields of domestic and foreign trade, foreign investment, foreign investment cooperation, foreign aid implem...Read more -
We will promote the high-quality development of the business credit system
By 2025, credit information, business credit reports products and business credit services will be widely used in the business field, the scale and quality of credit transactions will continue to rise, and the business credit economy will develop and grow. The business credit management level has...Read more -
China’s business credit society is developing a high level of credit economy
To study and improve the credit sales guarantee mechanism, and encourage enterprises to actively use credit tools such as business credit reports, credit insurance, factoring, and guarantees. We will support the development of domestic trade credit insurance and encourage places where conditions ...Read more -
How to improve the information transparency of business credit agency
Business credit agency recognize the value of new data sources and advanced analytics, but are hesitant to actually use them for fear of hurting consumer trust in their brands. As a result, these data and technologies are used more for anti-fraud purposes than for risk assessment and decision-mak...Read more -
Gladtrust regards the financing of small and micro enterprises as the focus of corporate credit information services
The People’s Bank of China makes full use of the credit investigation platform to realize the interconnection of enterprise-related information between different departments and regions, and solve the problems such as the lack of mortgage guarantee for financing of small and micro enterpris...Read more -
Perfect laws and regulations system is the legal guarantee for further promoting the construction of social commercial credit system
Legislation on social credit means that basic laws and regulations on social credit are basically in place, and that the legitimate rights and interests of the people are protected. This is a basic principle that must be followed in building the socialist rule of law with Chinese characteristics....Read more -
How to promote enterprise credit risk classification management in professional fields?
General enterprise credit risk classification does not replace the classification of enterprises in various professional fields. Professional fields can directly use the results of general enterprise credit risk classification, or refer to the general enterprise credit risk classification managem...Read more -
Under the background of “big data”, it is suitable for the scenario driven by credit investigation companies
The core business of traditional business credit agency, namely the sale of credit transaction data to credit bureaus, has shrunk to a very small part of the revenue of credit bureaus. Due to heavy investment in acquiring new data sources involving social media, mobile communications, wearable de...Read more -
China’s social credit system has entered a new stage
The Law of the People’s Republic of China on the Construction of the Social Credit System (Draft for public comment) is the leading law and Basic law for the construction of the social credit system, and bears an important function and mission in promoting the development of social credit. ...Read more -
Gladtrust was invited to attend the launch meeting of the Beijing Data Infrastructure System Pilot Zone
On the morning of November 10, 2023, the launch activity of the Beijing Data Infrastructure System Pilot Zone (hereinafter referred to as the Data Pilot Zone) was successfully held in the Management Service Center of the Beijing Data Pilot Zone. Jin Wei, member of the Standing Committee of the CP...Read more