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Xingtai: Congress passes Social Credit Regulations

Credit China announced, on 13 June 2022, that the Standing Committee of the 16th Xingtai City Provincial People's Congress had passed the Xingtai City Social Credit Promotion Regulations. In particular, the regulations define social credit information, public credit information, and market credit information, among other terms. In addition, the regulations stipulate that the collection, sharing, inquiry, and use of credit information must follow principles including legality, authenticity, and necessity, safeguard the legitimate rights and interests of social credit entities, and not disclose state secrets or infringe commercial confidentiality and personal privacy. Furthermore, the regulations establish that where a credit subject believes that the collection, storage, or disclosure of credit information contains errors and omissions, or violates their legitimate rights and interests, such as personal privacy, they may submit a written objection with relevant supporting materials to the social credit authority, credit information provider, or credit service agency, among others.

The regulations will enter into effect on 1 July 2022.

You can read the regulations, only available in Chinese, here.