![]() The implementation of the system for corporations, known as the ‘corporate social credit rating’ is especially advanced: More than 33 million businesses in China have already been given a score under some version of the corporate social credit system. This has seen the deployment of the social credit system widely throughout China, with an estimated 80 percent of provinces, regions and cities having introduced some version of the system, or being about to do so. Up until now, development has been guided by a national policy document known as the ‘Planning Outline for the Construction of a Social Credit System (2014-2020)’. 2022 marked a new phase in the development and implementation of China’s social credit system (sometimes known as ‘SoCS’, or the ‘SCS’).
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