SHANGHAI ISSUES ACTION AGENDA FOR SOCIAL CREDIT SYSTEM.

AsiaPulse News | August 21, 2003 | Copyright

SHANGHAI, Aug 21 Asia Pulse - The Shanghai municipal government yesterday made public its action agenda for building an individual and corporate credit rating service system during the 2003-2005 period.

According to the agenda, Shanghai will establish, by 2005, a joint individual and corporate credit rating system as part of its bid to build the city into a "metropolis of credit".

Shanghai Mayor Han Zheng said the move was designed to regulate the economic order, prevent financial risks, expand credit loans and domestic demand and improve the environment for ...

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