On the Establishment of China's Social Credit System
Cai De-rong
Abstract
Cai De-rong
Abstract
Credit is the footstone of a healthy market economy. To establish a fair and orderly market economy, the establishment of a social credit system including credit investigation, credit collection, credit evaluation, and credit management is a must. But to establish a good social credit system, we must deepen the understanding of credit conception, clearly define the government functions, do well the basic work and regular the evaluation system.
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Credit is the footstone of a healthy market economy. To establish a fair and orderly market economy, the establishment of a social credit system including credit investigation, credit collection, credit evaluation, and credit management is a must. But to establish a good social credit system, we must deepen the understanding of credit conception, clearly define the government functions, do well the basic work and regular the evaluation system.
Key concepts: Credit enhancement, Credit reference, Credit history, Credit card interest, Export credit agency, Credit crunch, Business, Work (physics)