pboc speech, 2006-01-16
Corporate and personal credit information database which is under construction performs the function of collecting and recording credit information of enterprises and natural persons in order to help financial institutions to have knowledge of credit-worthiness of enterprises and natural persons and prevent credit risks, promote of financial stability and development; this will create a better environment for enterprises and individuals with good credit record to grow, encourage corporate and private citizens to value a good credit record, laying a sound foundation for a good credit culture in China.
Sentiment: neutral
Topic: mp_economic_activity