China’s central bank has upgraded the system lenders use to assess firms’ and individuals’ creditworthiness. Photo: ShutterstockChina’s central bank has upgraded the system lenders use to assess firms’ and individuals’ creditworthiness. Photo: Shutterstock
China’s central bank has upgraded the system lenders use to assess firms’ and individuals’ creditworthiness. Photo: Shutterstock

China’s financial credit database of 1 billion people, 28 million companies gets an upgrade

  • Latest version of system which lenders use to assess creditworthiness, provides more comprehensive profiles of firms, individuals, People’s bank of China says
  • Improvements part of Beijing’s broader plan to create a ‘credit society’ this year
Topic |   China economy
China’s central bank has upgraded the system lenders use to assess firms’ and individuals’ creditworthiness. Photo: ShutterstockChina’s central bank has upgraded the system lenders use to assess firms’ and individuals’ creditworthiness. Photo: Shutterstock
China’s central bank has upgraded the system lenders use to assess firms’ and individuals’ creditworthiness. Photo: Shutterstock
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