The Status Quo and Problems of the Building of China’s Social Credit System and Suggestions

Abstract

In the Third Plenary Session of the 18th Central Committee of the Chinese Communist Party, the proposal that we should modernize the country’s governance capacity and governance system was put forward, which means that social credit system, as a new way of social management in the critical period of deepening reform, deserves substantial development. In this paper, based on the experience from the developed countries in terms of their social credit system building, the writers make an attempt to analyze the status quo and problems of the building of China’s credit system in details, and also give corresponding suggestions, in the hope that these suggestions will be of great assistance for the improvement of China’s social credit system in the new era.
Key words: Social credit; Social credit system; Credit investigation system