Tag Archives: red list

Changes in the Social Credit Black List and Red List Systems Announced

On October 30, the National Development and Reform Commission and the People’s Bank of China made initial steps to introduce fundamental changes to the black list and the red list systems.

The black list system and the red list system are two of the most important mechanisms to ensure compliance with legal obligations, technical standards, and contractual obligations by foreign and domestic enterprises, social organizations, administrative organs, and individuals.

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Guiding Opinion on Strengthening and Regulating the Management of the Lists of Joint Incentive Mechanisms for Keeping Trust, and Joint Punishment Mechanisms for Breaching Trust

国家发展改革委 人民银行关于加强和规范






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