The opinions lessen or temporarily lift social credit disciplinary measures for companies affected by the pandemic.
The regulations outline the province’s intentions to implement, standardize and refine social credit policy and data sharing systems, and define the rights and obligations of both government and credit subjects under the SCS.
“Shunde Points” are awarded to individuals making exemplary contributions to epidemic prevention and control, and deducted for endangering public health.
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.