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On China's Frame of Social Credit System

Yuchun Wang

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Abstract

All other countries have widely set up the system of social credit in order to meet the needs of credit econmy. At present, China is seriously short of credit and the legislation of credit is nearly nil. We need to set up the system of social credit, and sepecially we need to solve the problem of building the medium system of social credit, of collecting and using the credit information and of completing the interrelated law mechanism and so on.

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What this paper is about

All other countries have widely set up the system of social credit in order to meet the needs of credit econmy. At present, China is seriously short of credit and the legislation of credit is nearly nil. We need to set up the system of social credit, and sepecially we need to solve the problem of building the medium system of social credit, of collecting and using the credit information and of completing the interrelated law mechanism and so on.

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Available abstract

All other countries have widely set up the system of social credit in order to meet the needs of credit econmy. At present, China is seriously short of credit and the legislation of credit is nearly nil. We need to set up the system of social credit, and sepecially we need to solve the problem of building the medium system of social credit, of collecting and using the credit information and of completing the interrelated law mechanism and so on.

Key concepts: Credit card interest, Legislation, Credit enhancement, Export credit agency, Business, Credit reference, China, Credit history

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