Regulators are turning to the social credit system to enforce regulations related to containing the spread of novel coronavirus.
These second-generation credit reports are expected to incorporate some core social credit system data sets.
Mu published an important Caixin op-ed urging checks on the expansion of the social credit system (SCS).
The plan aims to tackle inefficiency and transparency and through the establishment of a “national integrated online government service platform”.
The policy is also a critical component in the ongoing opening-up of China’s financial markets.
But they did double down on the inclusion of blood donation in the system overall.
A new policy raises questions about whether or not the inclusion of blood donation in social credit records extends the boundaries of the system beyond what is reasonable.
On November 12, Sun Meijun, deputy director of the State Administration for Market Regulation (SAMR) briefed reporters on the the newly-revised implementation rules for the Food Safety Law (FSL). Some…
The faster a company repairs their social credit tax records after a violation, the more complete the repair will be.
The new requirements are designed to support the implementation of the Foreign Investment Law scheduled to take effect at the beginning of 2020.