Publisher: European Union Chamber of Commerce in China
Publication Date: 08/2019
Pages: 41
Categories: FDI in China
PDF: Download
“The final implementation phase of China’s Corporate Social Credit System (Corporate SCS, or System) has started: the test-version of the National ‘Internet+ Monitoring’ System (国家 “互联网+监管” 系统), a meta-database to integrate the complete set of monitoring and credit information data on companies, is about to be launched. The implementation of the Corporate Social Credit System is moving into the decisive stage. This should act as a wake-up call for European business in China: it’s high time to take a close look at the System’s far-reaching implications.”
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