Industry News
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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 -
A sound social credit system promotes a sound business environment
The social credit system not only restrains and standardizes the behavior of enterprises and individuals, but also plays an important role in improving and optimizing the business environment. Trustworthy incentive and punishment mechanisms are not only a key part of the construction of a social ...Read more -
Enterprise credit classification supervision is an effective means to unify the allocation of resources in the large marke
The comprehensive evaluation system of enterprise credit status is a scientific evaluation system based on the credit information catalog, including business credit score and credit rating methods, incorporating a series of indicators such as enterprise basic information, comprehensive ability, g...Read more -
The unification of credit information standards is a solid foundation for building a unified large market in China
A sound social credit system is the basis for building a unified large market throughout China, an important part of creating a good business environment in society, and plays an indispensable role in promoting the national economic cycle, the construction of a business credit environment, and th...Read more -
What is the significance of the Regulations on the Management of credit Investigation Industry to the management of business credit agency?
The tenth anniversary of the implementation of the Regulations on the Management of the Credit Investigation Industry in China. As the first administrative regulation in the field of credit investigation in China, the Regulations are of great significance in promoting the construction of the rule...Read more -
On the construction of business credit information service sub-industry
Among the participants of the credit investigation market, all the institutions whose main business is to provide users with information products or services belong to the category of credit investigation information service institutions. These institutions, acting as their clients’ (consum...Read more -
Questions and answers about enterprise credit investigation in the Regulations on the Administration of Credit Investigation Industry
1 What is the credit investigation industry? Why to formulate the “Credit Investigation Industry Management Regulations” Credit investigation industry is an industry that provides credit information service in market economy. As enterprises that provide credit information services, bu...Read more -
The Chinese government will vigorously promote the construction of a credit system for rural enterprises
Recently, Chinese government agencies have supported local governments and financial institutions to build a public credit information data platform related to agriculture, improve the multi-party collection and classification of credit information data protection mechanism, and strengthen the ef...Read more -
Establish a credit information system covering the whole society
Adhere to the “government + market” two-wheel drive credit investigation development The People’s Bank of China adheres to the “government + market” dual-wheel drive development model, and gradually builds a development pattern of financial credit information basic d...Read more -
Summary of dynamic development of China’s credit economy in 2022
1, enterprise credit investigation supervision | The one-year anniversary of the implementation of the “new regulations” on credit investigation, the supervision of “cutting direct connection” and lending assistance has attracted a lot of attention As a central bank depart...Read more -
The license of Chinese enterprise credit investigation market
The problem of license is the biggest pain point in the credit investigation market of Chinese enterprises. Credit market chaos, the “right road” is not smooth is one of the important reasons, and this license shortage is a major factor. Licences are the grip of regulation and should ...Read more -
The use of the data of the business credit information center
Whether credit transaction data collected by the central bank’s credit information center can be used by institutions outside the “ecosystem” has been a subject of great debate. In the credit industry, can credit institutions that have not submitted data to the credit informatio...Read more