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. At present, China has established a socialist legal system with Chinese characteristics and is making efforts to build a socialist legal system with Chinese characteristics. The construction of the rule of law for credit is an important part of the socialist legal system with Chinese characteristics. The construction of the rule of law for business credit reporting and social credit is an important part of upholding and improving the socialist legal system with Chinese characteristics.
The legalization of the social credit system is the standardization and concretization of the requirements for the construction of the social credit system through the explicit provisions of the rights and obligations of credit subjects in relevant laws and regulations. By means of legislation, the scope of the powers and responsibilities of each subject is determined, and the interests of each subject are balanced. Social credit legislation is an important deployment and decision-making requirement to implement the Party Central Committee and The State Council on the construction of the social credit system and the construction of social credit rule of law, and relevant departments should increase their efforts to coordinate the deployment, seize the opportunities of social credit legislation and policy, and promote the construction of social credit rule of law with high quality.
With the basic establishment of top-level design, the continuous improvement of information technology, the increasing perfection of platforms and websites, the obvious effectiveness of joint rewards and punishments, the sustained development of the credit service industry, the deepening of the awareness of integrity, and the normalization of urban credit monitoring, the construction of China’s social credit system has achieved remarkable results, and the credit practice from the central to local governments has gradually formed efficient and effective measures. These institutional arrangements, construction experience and major achievements should and must be transformed in a timely manner, consolidated and established by the legal system through certain procedures. Social credit legislation can not only transform the results in time, but also provide guidance for the future development direction of social credit system construction.
Social credit legislation is an organic combination of “bottom-up” and “top-down”. The pioneering local legislation accumulates experience for national legislation, promotes the complementary advantages of national legislation and local legislation, and effectively avoids detours and forks in national legislation. In recent years, local governments at all levels attach importance to credit legislation, and have made great breakthroughs in the process of exploration, and many local and regional credit legislation practices continue to emerge. The construction of social credit rule of law not only requires a batch of other laws and regulations that affect credit management and cooperate with core laws, but also requires national credit legislation, the core law, and social credit laws and regulations are being promoted from scattered to systematic.
Post time: Dec-05-2023