The China Enterprises Credit System Construction And Supervision

Credit, an age-old topic, existed among primitive exchange relationship and daily life before human society entered commodity economy society. While making its expansion, market economy has pushed the credit to a new level of systemization and network. The relationship between the credit system of modern society and market economy is so close that it is impossible to build the exchange relationship of market economy in a wide space without the guarantee of credit system. The constant development of market economy has added lots of new elements to the credit system. However, the credit condition of the whole society is not optimistic since China began her reform and open policy at the late 1970s and the following gradually boosted the establishment of market economy system. There have been various opinions about the establishment of corporate credit system in the realm of theory. The author has long paid attention to this topic. Based on his long-time research, the author wants to systematically explain the credit condition in China from two angles, the "system vacuum" from subrogation of old and new system caused by system vicissitude and the micro mechanism of corporate decision. This article is for the purpose of building the theoretic base of system design.Except the present methods of credit rating, the fourth section also introduces corporate credit management systems of the administration of industry and commerce and banks in our country, which are summaries of existing methods of credit management in china from the author's working experiences. At the same time, the author hopes this can be helpful for establishing a relatively firm base for comparing studies of rules between China and foreign and for improving the current Chinese credit system in the future.Chapter Seven is the thought of China credit system establishment. As the summaries of the article, the chapter analyzes the most problems that exist in China corporate credit system, then gives the improving advise from two main aspects according to the above analysis: first, transforming government functions and strengthen the establishment and consummation of credit supervision system; second, developing and standardizing the credit rating organization. Of course, the content and task which the above two pieces of advise include is extensive and complicated, and the involved...