China expands reach of 'trustworthiness' system

Blacklists covering insurance, accounting and research already hold 14m names

20190226 social credit tencent AP_110594724760.jpg

Tencent Holdings operates a credit scoring system through its social media platform WeChat. (Imaginechina via AP Images) © AP

YUSHO CHO and NIKKI SUN, Nikkei staff writers

SHANGHAI/HONG KONG -- The Chinese government is accelerating a nationwide campaign to create blacklists of individuals and enterprises it considers to be "dishonest," with some local governments adopting scoring systems that take into account factors such as a person’s willingness to donate blood. 

Beijing has already set up a "trustworthiness" system that assesses companies and people. As of 2018, more than 14 million individuals and businesses have been put on blacklists, which prevents them from buying land, issuing bonds and even taking public transportation. 

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.