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