JINAN, Sept.25 (Xinhua) -- China's social credit system will better support the improvemen of urban business environment, concluded the Annual Report on Chinese Cities Credit Construction (2018-2019) released by Xinhua-owned China Economic Information Service (CEIS) recently.
The application of credits is spreading in many fields throughout China, such as administrative approval, licensing, book-borrowing, hospitalizing, renting and loaning.
The scenario of credits making things easy which is named Credit Easy+, will gradually propel social governance innovations when good records of credits benefit the people and facilitate business, predicted Xu Yuchang, chairman of CEIS, during the Forum for Credit System Construction of Chinese Cities held Tuesday in Jinan, capital of Shandong Province.
The report released by CEIS also forecasts that China’s credit supervision will be put forward in depth and the country is likely to launch the first batch of credit supervision pilot cities.
Credit repair would grow its importance under credit construction process while public credit information would be applied by more cities, the report points out.
Also, credit related APP is likely to draw more cities’ attention, while credit service institutions would help improve city credit constructions, according to the report. (Edited by Niu Huizhe, niuhuizhe@xinhua.org)
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