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July 4, 2018

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Credit system propels social development

After Wang Yu donated blood at a Red Cross blood center in Nanjing, capital of east China鈥檚 Jiangsu Province, he was told he was eligible for an 鈥渉onest and trustworthy citizen鈥 card.

鈥淚 have been donating blood for many years before I moved to Nanjing several days ago. I just want to help people who need blood. I never thought that donating blood could be associated with personal trustworthiness,鈥 said Wang.

鈥淏ut the relevance makes my donation more meaningful,鈥 the 33-year-old added.

The city began linking voluntary blood donation with locals鈥 trustworthiness in November 2016, along with other deeds, including acting bravely for a just case, taking part in charity activities or volunteering.

When residents are found doing such things and meet the standards set by the city鈥檚 development and reform commission, they can get a 鈥渢rustworthy card,鈥 with which they can enjoy discounts with local public services.

鈥淐itizens who own this card can enjoy many benefits. For example, they can get a 50 to 60 percent discount on bus or subway tickets,鈥 said Yang Shasha, a staff member of a state-holding company, which is in charge of issuing the cards.

Yang said the firm has issued nearly 5,000 such cards since 2016, with 鈥渕ore than 10 foreigners鈥 among the recipients.

鈥淚ssuing this kind of card serves as an incentive. It鈥檚 not only about honesty. With this card, we are promoting an environment of good faith. We also wish to encourage more people to do good deeds, be good people and care about society,鈥 said He Jun, deputy director of the commission.

Besides residents, enterprises can also benefit from the social credit system.

Business condition

The commission said it has built a 鈥渃redit image鈥 for each enterprise using a credit database and big data. The image displays the credit scores of enterprises, as well as their business condition, development and social effects.

Wu Jianhui鈥檚 company had a circulating capital problem after relocating his factory.

鈥淪ince my company鈥檚 credit standing has been rated level-A by the local tax department, a bank loaned us 2 million yuan (US$301,418) very quickly, that helped us overcome our financial problem,鈥 he said.

In recent years China has been making efforts to build a social credit system to improve its business environment and boost development. In January this year, 12 cities were selected as the first group of model cities implementing the social credit system, including Nanjing.

In the popular tourist city of Xiamen, southeast China鈥檚 Fujian Province, a credit tourism management system has been set up to collect credit information about tourist agencies, star-rated hotels, tourist attractions and tour guides since 2017.

More than 74,000 pieces of tour guide information and 6,700 pieces of information about tourism firms have been collected, which tourists can look up online for reference.

In neighboring Zhejiang Province, Yiwu City, known as the 鈥渨orld鈥檚 supermarket鈥 for its wholesale goods, built a credit information sharing and publicizing platform last year. Credit information of government departments, financial institutions, enterprises and individuals has been collected for governance purposes.

鈥淐hina鈥檚 social credit system won鈥檛 replace our legal system or moral principles. They complement each other,鈥 said Han Jiaping of the Chinese Academy of International Trade and Economic Cooperation.


 

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