Moral Reconstruction and Institution Innovation Establishing China's Social Credit System

Credit is an exchange mode as well as an ethic which means social credit should be constructed through both moral and legal ways The Confucian thought of sincerity is distinctively different from that of the west which is not only one reason of the imperfection of social credit in the process of social transformation but also the basis of forming the social credit system with Chinese characteristic. China must establish the social credit system by inheriting the traditional credit culture critically and innovate the credit institutions