Source: People’s Daily
To consolidate the foundation of credit, the key is to rely on the system to make people not dare to lose their trust, not to lose their trust, and to improve the law-abiding integrity reward mechanism and the illegal and untrustworthy punishment mechanism
Not long ago , the Office of the State Council of the People’s Republic of China issued the “Opinions on Promoting the Construction of a Social Credit System with High Quality Development and Promoting the Formation of a New Development Pattern”. A solid credit foundation has been deployed to promote financial services to the real economy, and to improve the integrity level of the whole society with effective credit supervision and credit services. Orderly promote credit construction in all regions, industries and fields. The “Opinions” will further give play to the important role of credit in improving resource allocation efficiency, reducing institutional transaction costs, and preventing and defusing risks, in order to improve the overall efficiency of the national economic system and promote the formation of new development The pattern provides support and protection.
The market economy is the rule of law economy and the credit economy, and the credit system is an important foundation of the socialist market economy system. In recent years, the construction of my country’s social credit system has achieved positive results. The credit laws and regulations have been advanced in an orderly manner, the level of credit information sharing has been significantly improved, the unified social credit code has basically achieved full coverage, the credit commitment and notification commitment systems have been widely used, and credit loans have supported small and medium-sized enterprises. Corporate financing services, the whole society’s awareness of credit building has been significantly enhanced. Give full play to the role of credit in social governance and economic regulation. On the one hand, it is necessary to build a long-term mechanism for building integrity, improve the level of legalization and standardization, support the reform of “delegating power, delegating power and improving services” and improving the credit environment of the whole society; on the other hand, through the credit system Build high-quality development, promote high-quality economic and social development, create a good business environment, promote the efficient and smooth circulation of the national economy, and accelerate the construction of a new development pattern.
To consolidate the foundation of credit, the key is to rely on the system to make people dare not lose their trust, and to fix the effective measures as soon as possible, improve the law-abiding integrity reward mechanism and the illegal and untrustworthy punishment mechanism, and quickly implement it into the economy In all aspects of social development, the real realization of “the trustworthy benefits, the untrustworthy will be punished; the untrustworthy one is restricted everywhere”. To this end, the “Opinions” give clear direction and implementation path, emphasizing the continuous improvement of credit records, strengthening credit constraints, improving credit infrastructure, innovating credit supervision, etc., focusing on optimizing import and export credit management, improving circulation and distribution and other aspects of credit system; strengthen the credit construction of various subjects, and strengthen the construction of a culture of integrity, so that honesty and trustworthiness become the value orientation of market operation and the conscious pursuit of various subjects. At the same time, the organization and implementation also proposed to adhere to the principle of prudence and appropriateness, and required to take appropriate disciplinary measures according to the nature and severity of the dishonest behavior to ensure that the excessive punishment is equal. The perfection of these credit mechanisms will strengthen the quality of the construction of the social credit system accurately and appropriately in accordance with laws and regulations.
At present, my country’s economic development is facing the triple pressure of demand contraction, supply shock, and weakening expectations. Some small, medium and micro enterprises and individual industrial and commercial households are facing difficulties in production and operation. Focusing on stabilizing market players and ensuring employment, there is an urgent need for practical measures to help enterprises with bailout policies. In this regard, this year’s “Government Work Report” proposes to strengthen the effective financial support for the real economy, promote the integration and sharing of enterprise-related credit information, and improve the social credit system. In terms of credit means and policy application, the “Opinions” made detailed arrangements for implementation. For example, the implementation of the “credit +” project in the fields of housekeeping, tourism, shopping, etc., aims to use credit means to release consumption potential; punish trademark squatting, crack down on illegal advertisements, false propaganda, etc., which can effectively curb unfair competition; innovative credit financing services and products, which are conducive to solving corporate financing problems. In terms of policy, the “Opinions” are specific and deepening of serving high-quality economic development through credit means and resisting new downward pressure.
Integrity and trustworthiness are the traditional virtues of the Chinese nation, the fundamental criterion for establishing one’s life, the solid foundation of the market economy, the cornerstone of social order, and an important guarantee for promoting high-quality development. Efforts to advocate and cultivate honesty and trustworthiness value orientation and behavioral norms in the whole society, and solidly promote the in-depth integration of credit concepts, credit systems, and credit means with all aspects of the national economic system, and will surely form a high-quality development of the social credit system. A fair and honest market and social environment will help build a new development pattern. “People’s Daily” (April 12, 2022 Edition 05)