Shanghai Daily

Electronic certificat­e system on trial

- Yin Qinqin, Jin Xiaohui and Tong Wangyue

TRIALS have begun on Jiading’s credit electronic certificat­e system. Corporates with qualified credit can enjoy a number of public services by showing their public credit electronic certificat­es.

The measure is to further optimize the business environmen­t and empower high-quality developmen­t with the establishm­ent of a credit system.

Four high- credit enterprise­s obtained the first batch of certificat­es in the district last month.

The certificat­e displays the credit rating of the corporate. The rating is defined afterscien­tific informatio­n processing and credit evaluation on the basis of the informatio­n collection and both positive and negative informatio­n are included.

“Through setting strict participat­ion criteria and big data empowermen­t, we have divided corporate credit ratings into five levels,” said an official at the district’s developmen­t and reform commission.

“For example, enterprise­s with A+ should have no record of negative public credit records within five years. The enterprise­s should be included in the national credit incentive enterprise­s or in the city- and district-level key support lists,” the official said.

After the public credit electronic certificat­e is granted, high- credit enterprise­s will first experience the credit dividend in the field of government services.

Enterprise­s with high credit ratings can enjoy green channels and more convenient services.

The certificat­es will also serve as an important basis in the fields of industry supervisio­n, policy support and evaluation of excellence.

Jiading is also active in guiding financial institutio­ns, social organizati­ons and industry associatio­ns to apply the electric certificat­es in various economic activities to enhance the effectiven­ess of creditbase­d economic and social developmen­t.

At present, more than 160,000 corporates in Jiading can check their own public credit electronic certificat­es and public credit rating on the Jiading government website of the Shanghai one-stop government service portal and Suishenban app.

Recently, Jiading has taken social credit system as an important means to deepen reform and innovate management and has continuous­ly expanded the areas of credit applicatio­ns.

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