Legal Insight

China’s corporate social credit system


The corporate social credit system was announced by the Government of the People's Republic of China (PRC) in 2013. Its aim is to fully implement the system by the end of 2019 for all businesses operating in China.
Since that date, the bases to implement and enforce this system have been widely regulated by the central government and local authorities, in line with the system for evaluation of citizens which is already in force.


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