The Latest

November 13, 2019

China’s tax bureau details social credit repair procedures for tax violations

The faster a company repairs their social credit tax records after a violation, the more complete the repair will be.


November 11, 2019

Ministry of Commerce: Foreign investor info to be rolled into the social credit system

The new requirements are designed to support the implementation of the Foreign Investment Law scheduled to take effect at the beginning of 2020.


November 2, 2019

New environmental impact assessment regulations for construction projects go into effect

The regulations include details on a new “National Unified Environmental Impact Credit Platform”, which will track acts of dishonesty in environmental impact reporting.


October 30, 2019

State Council releases “moral KPIs” for citizens and the market

New guidelines outline the moral ideals for Chinese citizens in the Xi Jinping era, and paint a picture of model citizenship through the eyes of the Party.


October 24, 2019

Liu He: Local governments must pay back debts to SMEs

The central government continues to leverage the social credit system to crack down on local governments that fail to make good on payments to private enterprises.


October 22, 2019

NIPA outlines procedures for blacklisting and social credit repair in the patent field

These newer measures are focused on the administrative end of implementation — how long blacklisting lasts, and how to apply for removal from a patent blacklist.


October 17, 2019

Credit Dongbei: Chinese provinces sign regional social credit cooperation agreements

On October 15, the local governments of China’s four northeastern provinces are banding together in a cooperative agreement for the co-construction of a regional social credit system framework. Under the…


October 15, 2019

Revised policies solidify social credit’s tie-in to the bond market

The revisions include measures to punish violations of bond issuance regulations.


October 11, 2019

China’s brides and grooms to sign social credit promises during marriage registrations

Romance is alive and well: registrants must sign letters acknowledging understanding that violations of marriage law may result in blacklisting.


October 10, 2019

China’s NEA forms new corporate social credit committee for the power sector

The committee will work to establish social credit standards for companies involved in power supply and generation, electrical power infrastructure and power market transactions.


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