Sunday, January 17, 2021
Tags Chinese social credit system

Tag: Chinese social credit system

State Council Proposes New Credit Repair Mechanisms for Market Entities

The Chinese central government has released new opinions that outline mechanisms for the restoration of the credit status of impaired market entities....

Beijing Plans to Downgrade Personal Credit Ratings for Eating and Drinking on Subway System

The municipal government of Beijing has unveiled plans to punish the credit ratings of citizens for improper behaviour on the metro system....

Online Financial Institutions Integrated into China’s Credit System

The Chinese central bank is pressing ahead with efforts to incorporate online financial institutions in the country's broader credit system.

Most Read

China’s Biggest Bank Opens up to Applications for Digital Renminbi Wallets in Shenzhen

The Industrial and Commercial Bank of China (ICBC) is making digital renminbi wallets available to consumers in the southern tech hub of...

Chinese Central Bank Outlines Efforts to Improve Execution of Monetary Policy

A senior official from the People's Bank of China (PBOC) has published a paper on its official website outlining current plans to...

Foreign Investors Raise Holdings on China’s Interbank Bond Market by over 1 Trillion Yuan in 2020

The latest data from the Chinese central bank points to a sharp rise in investment by foreign institutional investors on China's interbank...

Shenzhen Finance Sector Sees Total Deposits Exceed 10 Trillion Yuan

Financial institutions based in Shenzhen have just seen their deposit levels rise to record-breaking levels.