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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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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