Abstract
Credit is a production relations and social relations governed by mutual trust on the basis of transaction. It has different meanings at different levels. From the perspective of ethics and morals, it refers to an act and quality based on honesty and trustworthiness among the parties concerned. From a legal perspective, it requires the parties concerned to honor promises and abide by contracts. From an economic perspective, credit is an activity of borrowing, lending and deferred payment in economic activities, based on trust. From a social perspective, it refers to a kind of social evaluation of the ability of an individual to fulfill obligations, especially his/her debt-paying ability.
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Notes
- 1.
See work plan of Zhuhai city for building a social credit system, http://www.zhuhai.gov.cn/zhlj/ssbs/201212/t20121212_350089.html.
- 2.
See establishing electronic credit files, promoting credit system construction, national individual integrity public service platform, http://www.11-22.cn/Info/View.Asp?id=1660.
- 3.
Building a joint meeting system for the social credit system in Hainan, Financial times, March 4, 2013.
- 4.
Establishing joint meeting system for social credit system construction in Hainan, Hainan daily, February 28, 2013.
- 5.
Quickening the construction of a rural credit system in Hainan, Securities Herald, August 27, 2014.
- 6.
See Wang Lu suggests that a national social credit system construction demonstration zone should be built in Hainan, Hainan Channel, Xinhuanet, http://www.hq.xinhuanet.com/news/2014-03/04/c_119600627.htm.
- 7.
Official release platform of Shantou city for building a social credit system and a market supervisory system: Circular concerning the printing and distribution of the work plan of Shantou city for building a social credit system, http://lj.shantou.gov.cn/topic-94.html.
- 8.
The same as above.
- 9.
southcn.com, Bright spots in building a social credit system in Shantou city, http://lj.southcn.com/l/2013-03/08/content_65157568.htm.
- 10.
The same as above.
- 11.
The same as above.
- 12.
See circular concerning printing and distribution of the 12th five-year plan of Shenzhen city for building enterprise credit system, website of Shenzhen market supervision administration, http://www.szaic.gov.cn/ghjh/zxgh_1/201208/t20120831_1993755_15891.htm.
- 13.
Xiamen’s enterprise and intermediary credit records can be searched online, http://news.xmnn.cn/xmxw/201012/t20101214_1648680.htm.
- 14.
A study of the building of an enterprise integrity system in Xiamen city, http://www.xmnn.cn/llzx/xmsk/jcck/201302/t20130226_3045001.htm.
- 15.
There are different credit network names of special economic zones. “Credit Online” is adopted as name in Shenzhen, Zhuhai and Shantou. http://www.szcredit.com.cn/web/Index.aspx, http://credit.zhuhai.gov.cn/, http://shantou.credit.gov.cn/. The name in Hainan is Hainan provincial people’s government credit information online, http://hncredit.hainan.gov.cn/, while that in Xiamen is Xiamen commercial subject level & credit information notification platform. http://www.xiamencredit.gov.cn/.
- 16.
Ye (2014).
Reference
Ye M et al (2014) Shenzhen social construction and development report, 2014 edn. Social Sciences Academic Press, p 411
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Zhang, K., Zhang, F. (2016). Report on the Construction of the Social Credit System in China’s Special Economic Zones. In: Tao, Y., Yuan, Y. (eds) Annual Report on the Development of China's Special Economic Zones (2016). Current Chinese Economic Report Series. Springer, Singapore. https://doi.org/10.1007/978-981-10-0542-8_6
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