Industry News
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The management of business credit service agencies will be more standardized in 2024
From the establishment of a business credit service agency database in 2019 to the establishment and management of credit service agencies in 2023, a number of compliant credit service agencies have been selected nationwide for publicity in “Credit China”, and they provide profession...Read more -
The credit evaluation of the third party business credit service agencies helps the development of enterprises
Nationwide, thanks to Changsha’s active establishment of the Changsha business credit service agency database and the establishment of business credit service agencies, credit service agencies nationwide have actively participated in the construction of Changsha’s social credit system...Read more -
A new model of commercial credit rating management in Changsha Province, China
Based on the principles of public welfare, comprehensiveness and objectivity, the comprehensive evaluation of public credit will objectively reflect the comprehensive status of public credit of market players from nine aspects: “judicial decision, administrative supervision, performance and...Read more -
What are the channels to obtain credit scores of overseas business
Obtaining credit scores for overseas enterprises involves navigating the credit reporting systems of the specific countries in which these businesses operate. Here are various channels and methods to obtain credit scores for overseas enterprises: Local Business Credit Reporting Agencies: Identi...Read more -
How to check overseas business credit report?
Checking the credit report of an overseas corporation involves navigating the credit reporting systems of the specific country in which the company operates. Here are general steps you can follow: Identify the Country: Determine the specific country in which the overseas corporation is based. Cre...Read more -
Notice on regulating the application of credit scores in the field of bidding and tendering
At present, some places through credit evaluation, business credit scoring and other ways to set up bidding hidden barriers, destroy the fair competition of the commercial market environment, hinder the construction of a national unified large market, we must resolutely correct the norms. In orde...Read more -
The integrity construction runs through every link of business credit management
Strengthen the construction of enterprise credit industry integrity, integrity requirements through all aspects of business credit management and service work. The Ministry of Finance has established and improved the collection, use and management system of credit information in the bookkeeping a...Read more -
The credit system in the culture and tourism sectors was further improved
The construction of the credit system in the cultural and tourism market has entered a new stage of legalization and standardization, adhering to the principle of promoting construction by use, forming a work pattern guided by the implementation of regulations, guided by evaluation and pilot, sup...Read more -
Credit reports of enterprises throughout China instead of certificates of no violations of laws and regulations
The certificate of no violations of laws and regulations is a very important part of the market operation activities of enterprises applying for listing or carrying out refinancing, and they are faced with problems such as a large number of issuance, multiple submission scenarios, and multiple ha...Read more -
The effect of business credit reporting on international trade inflation
Business credit reporting primarily focuses on assessing the creditworthiness of businesses, providing insights into their financial stability and repayment behavior. While business credit reporting plays a crucial role in risk management and decision-making for international trade, its direct ef...Read more -
The importance of business credit reports for international trade
Risk Mitigation Across Borders: International trade comes with inherent risks, and business credit reports are invaluable in assessing the creditworthiness of overseas partners. By identifying potential financial risks, businesses can make informed decisions, safeguarding themselves in the globa...Read more -
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...Read more