2004Journal of Hunan Institute of EngineeringRequires access

Reflections on the Construction of Credit System

Zhong Yao

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Abstract

Most transactions in the modern market economy are in the form of credit,and credit relation is the basic relationship between members of the society.Under the circumstances of an increasing scale of credit transaction,the lack of credit system has become a great problem which hinders the development of our economy.To solve this problem,we should strengthen the publicity and education of credit and credit system,set up an awareness and sense of credit.We should also strengthen the legislation and law enforcement concerning credit,perfect the credit supervision and management of the government with a constant focus on the construction of enterprise credit.

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Most transactions in the modern market economy are in the form of credit,and credit relation is the basic relationship between members of the society.Under the circumstances of an increasing scale of credit transaction,the lack of credit system has become a great problem which hinders the development of our economy.To solve this problem,we should strengthen the publicity and education of credit and credit system,set up an awareness and sense of credit.We should also strengthen the legislation and law enforcement concerning credit,perfect the credit supervision and management of the government with a constant focus on the construction of enterprise credit.

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Available abstract

Most transactions in the modern market economy are in the form of credit,and credit relation is the basic relationship between members of the society.Under the circumstances of an increasing scale of credit transaction,the lack of credit system has become a great problem which hinders the development of our economy.To solve this problem,we should strengthen the publicity and education of credit and credit system,set up an awareness and sense of credit.We should also strengthen the legislation and law enforcement concerning credit,perfect the credit supervision and management of the government with a constant focus on the construction of enterprise credit.

Key concepts: Credit enhancement, Publicity, Credit reference, Credit history, Credit crunch, Export credit agency, Business, Credit card interest

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