On The Economic Integrity

In recent years, with the emergency of "credit crisis" all over the world, honesty and credit has become the hot issue. As an important and general category of ethical character, honesty and credit is taken root in social life of all levels and existed on the course and relationships, which developed by the mental and practical communication between all groups and individuals. In social life, honesty and credit, with its diverse senses of orientation and connotation, should be applied in different fields for different subjects. Economic honesty and credit is the category introduced into the economic field as basic principle of economic activities and criterion of economic subjects. It is not only an economic moral standard but also an ethical requirement of system. In addition, it is an economic communication style and method developed from the principles of honesty and credit. Economic honesty and credit has such features as subjectivity, internality, fundamentalism, effectualness and formed gradually, and embodies the basic values : freedom and independence, fairness and justice, equality and mutual benefit, rationalism. As a historical category, economic honesty and credit shows different requirements and morphological characteristics in accordance with different economic formations. Under modern-market-economy circumstances, the social practice performed with economic honesty and credit is of great importance to the self-improvment of subjects, promotion of economic benefit and civilization of society.Honesty and credit is a Chinese traditional virtue. However, lots of dishonesty has emerged in economic life due to historical and practical factors which appear in the process of social transformation and system transition. The sound development of Chinese socialist market economy and increase of competitive abilities in international business are severely restricted by the loss of economic honesty and credit. Thus, in order to increase the effective supplies of economic honesty and credit, and improve the level of economic honesty and credit of society, the development of the mechanism of system and the building of moral must be taken into effect.