In March, 2006, the point of social credit construction was put forward in the eleventh five outline of national economy and the social development in our country.
However, China has practiced planned economy systems for a long time, the theory and practice basis of social credit, especially government credit is comparatively weak.
To establish a set of modern credit mechanism of government, which is suitable for the demand of market economy, will have very important and realistic meaning for building up government credit, thus promoting the credit construction of whole society.
As an important part of building a credit-based Zhejiang province,the construction of credit system for communication construction market is of great significance,which should be in line with the economic development and conducive to the construction of the social credit.
It also includes the government push to the construction of the social credit system and its management, the comprehensive transformation of the social credit environment, the establishment of social credit system and the civilian credit agencies, the system of punishment for credit failure, and the promotion of social credit civilization.
Credit is the important foundation of market economy.The effective market mechanisms based on free competition must be supported by the corresponding moral standards.To a certain extent,market economy is also legality economy,credit economy and morality economy.As the imperfect social credit system and the frequent actions of losing credit have become the obstacles to our economic development,it is necessary to promote social credit construction from the three aspects of government,enterprise and individual.
Setting up a government current credit mechanism to meet the needs of market economy is a key part in the construction of social credit system. Government credit mechanism includes politics standardization, power operation, promissory practices, just and open political affairs, and responsibilities. It also includes the government push to the construction of the social credit system and its management, the comprehensive transformation of the social credit environment, the establishment of social credit syst...
In the development of Small and Medium Sized Enterprises (SMEs), China has met with a variety of difficulties and problems. An acute lack of financing is one of the most difficult ones to deal with. Another biggest obstacle to overcome is to get credit guarantee. The only way to solve it is to establish a complete and wellexecuted SMEs'credit guarantee system.. The purpose of credit guarantee is to set up a mechanism and ensure the payment of debts to creditors based upon the debtor's own funds. And the g...