Tag Archives: Economic Daily

Milestones from the Market System to the Credit System

Authored by Zhang Zheng, the Director of the Director of the China Credit Research Centre at Beijing University, the following article is part of a series of official articles and commentaries published in 2014, immediately after the the adoption of the Planning Outline on the Construction of a Social Credit System (2014 – 2020).  

It is worth noting how – as the question of whether China is a market economy is still part of the global “querelle” about China  – already three years ago domestic commentators began moving away from the concept of ‘market economy’ towards a concept of ‘credit economy’. 

Milestones from the Market System to the Credit System

Central Government Portal www.gov.cn, 15 July 2014, 12:29. Source: Economic Daily

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