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Research on Credit System Construction and Problems for Third-party Credit Rating

Ren Yun

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Abstract

Credit rating is the foundation for building a social credit system and is an important component of the social credit system.Currently,there are some problems and development obstacles for the third-party credit rating.It's necessary for promoting the third-party credit rating and accelerating the social credit system construction to strengthen credit reference propaganda,to accelerate credit legislation,to release the restrictions on the rating business,to set up an inspection system for the rating results,and to encourage financial institutions to use external rating products.

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Credit rating is the foundation for building a social credit system and is an important component of the social credit system.Currently,there are some problems and development obstacles for the third-party credit rating.It's necessary for promoting the third-party credit rating and accelerating the social credit system construction to strengthen credit reference propaganda,to accelerate credit legislation,to release the restrictions on the rating business,to set up an inspection system for the rating results,and to encourage financial institutions to use external rating products.

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Available abstract

Credit rating is the foundation for building a social credit system and is an important component of the social credit system.Currently,there are some problems and development obstacles for the third-party credit rating.It's necessary for promoting the third-party credit rating and accelerating the social credit system construction to strengthen credit reference propaganda,to accelerate credit legislation,to release the restrictions on the rating business,to set up an inspection system for the rating results,and to encourage financial institutions to use external rating products.

Key concepts: Credit rating, Credit enhancement, Credit reference, Bond credit rating, Credit history, Rating system, Business, Finance

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