2015•Credit ReferenceRequires access

Five Present Features of the Construction of China's Social Credit Reporting System

WU Jingme

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Abstract

At present,the construction of China's social credit system has stepped in to a comprehensive,substantial and rapid development period,which contains five major present features: resources have been gradually allocated and standardized by credit in the society; credit culture is being rebuilt,and credit system has become a part of theChinese style; credit supervision has been taken in shape; credit information and data has become highlighted resources; credit information industry has developed rapidly and the Internet credit reporting is expected to lead the world.

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What this paper is about

At present,the construction of China's social credit system has stepped in to a comprehensive,substantial and rapid development period,which contains five major present features: resources have been gradually allocated and standardized by credit in the society; credit culture is being rebuilt,and credit system has become a part of theChinese style; credit supervision has been taken in shape; credit information and data has become highlighted resources; credit information industry has developed rapidly and the Internet credit reporting is expected to lead the world.

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Available abstract

At present,the construction of China's social credit system has stepped in to a comprehensive,substantial and rapid development period,which contains five major present features: resources have been gradually allocated and standardized by credit in the society; credit culture is being rebuilt,and credit system has become a part of theChinese style; credit supervision has been taken in shape; credit information and data has become highlighted resources; credit information industry has developed rapidly and the Internet credit reporting is expected to lead the world.

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

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