New #socialcredit policy just released by China's State Council. Pretty much what we were expecting, it's all about standardizing and clarifying confusions and concerns in the existing social credit system. 1/7 http://www.gov.cn/zhengce/content/2020-12/18/content_5570954.htm …
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2) Calls for more top-down management over blacklists, and calls for agencies to heavily standardize — and clearly publish — the process for determining who can be blacklisted, and under what conditions. 3/7
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Gov agencies have until the end of 2021 to make sure their blackisting procedures are standardized. "Those inconsistent with the requirements of this opinion after the transition period shall be abolished." 4/7
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3) Calls to establish a standardized national-level blacklist penalty registry. Also appears to let local governments come up with supplementary penalty lists only applicable in their jurisdictions. (right
@ChinaLawTransl8 ?) 5/7Show this thread -
Interesting: "No [government body] shall compel financial institutions, credit service institutions, industry associations, chambers of commerce, news media, etc. to punish blacklisted parties." 6/7
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This jumped out: "We should learn from international experience, not only base [the development of the SCS] on China's national conditions, but also ... promote relevant measures to be in line with international standards." 7/7
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