A Research About The Construction Of Personal Credit Investigation System In China

Credit is the key to maintain normal social economic relations, and personal credit is the foundation of the whole society credit. The way of building up personal credit system is the process which tests the person's credit condition and regulates his action by concerning regulations. This process is of great importance to the development of personal credit markets, foundation of good market economy, and opening up of personal credit. However, in our country , the personal credit system is still undeveloped ,and this directly embarrasses the advancement of economy. In recent years, building up personal credit system has become an urgent demand of developing the credit economy and establishing the state credit system. The building of personal credit is a complex and systematic work, which concerns many departments in a wide range. It is internationally accepted in two modes. One is personal mode represented by the United States, the other is public mode represented by some European countries. The two modes have their different characteristics, everyone of which suits countries with different social backgrounds. At present, there are many different suggestions about the mode which China will adopt to. Some believe that personal mode will be suitable for our economy while others hold opposite opinions. Actually, a country's personal credit system mode has close relations with its social backgrounds, cultural tradition, and other factors. The building of the state personal credit system must be based on total understanding of foreign experience and combining with practical situation of China. Previous study is mostly focused on a certain part of personal credit system which lacks the systematic study. Simultaneously, the current study pay close attention to the financial field, especially the bank's needs to the personal credit. However, the development of international personal credit has exceeded the range of financial industry , and also has related to the whole society. These shortages offer further study space and discussion focal points.This article makes innovations in the whole design of personal credit system of our country. It provides the phase strategy and object mode of personal credit. Furthermore, and it makes suggestion of law system, supervise system andstandardization.This article can be divided into eight parts. The first part starts at the connotation of personal credit system building and defines personal credit and personal credit system. One the basis of the concepts, this part discusses the function of personal credit and personal credit system in economy field by the way of personal credit theory analysis. The second part mainly introduces and analyzes the two personal credit modes: the American personal mode and European public mode. This part summarizes the advantages and disadvantages of the two modes and the value of foreign experience. The third part evaluates personal credit situation of our country, respects the history of China personal credit system and Shanghai Experiment. Furthermore , this part summarizes the main problems existing in personal credit system development. The forth part systematically discusses the whole frame of China personal credit system, and analyzes the phase strategy and the choice of development mode. The fifth part discusses the law and regulation of personal credit system. By amending commercial bank law and establishing the laws related to personal credit. This part discusses to create law environment in order to guarantee the healthy development of personal credit system. The sixth part discusses the management of personal credit system which is to fasten the building up of personal credit supervise system. Through the function of government and central bank, personal credit nongovernmental organization will be built in order to strengthen the management . The seventh part describes personal credit standardization and personal credit investigation model. The personal credit network will be built up and personal credit database will be unified so as to evaluate the personal credit and build up personal credit tracking evaluation system. This part also introduces the phased key criterions and standardization of personal credit industry including making the signal, the report pattern and establishing regulations. The eighth part suggests development strategy of China personal credit industry.