The government released new documents on China’s social credit system for companies, clarifying types of violations and ways to restore bad social credit.
China’s social credit system collects, aggregates, and analyzes data from businesses to create a score that determines rewards and punishments.
A new policy document seeks to use the Chinese corporate social credit system to build trust in society and boost the economy. Here’s what you need to know.
We explain China’s taxpayer credit rating system, including how it works and why it is important for foreign enterprises based in the country and doing business in China.