On The Construction Of China's Personal Credit System

At the double conference of this year, credit and the construction of personal credit system have become a hot topic. It is no wonder that the very bad credit conditions of China has deeply influenced our contries' economy, finance, our people's livings and so on. Governing the credit conditions of our contry has become our people's common ideas. It is of importance to study the topic. This thesis wants to shallowly study the topic-the construction of personal credit system of China.My thesis has four chapters. Chapter 1 has simply introduced the concepts of credit and personal credit system, the credit's defects, the effects of consumer credit. And it has illustrated the necessity to construct the personal credit system and the importance of constructing our contry's framework of personal credit system..In chapter 2, I have shortly appraised the present situations of the personal credit system of China, which contains its feathures, reasons, influences and difficulties. In order to accept the challenges after us taking part in WTO, it is very important that we construct the system of personal credit.Chapter 3 has systematically introduced that the contries of credit consulting, such as America, Europe-unions, have had many successful experiences which are as follows: l.The departments of credit management have exerted theirs effects efficiently. 2.The credit information report agencies' successful operation, the very good data-base of personal credit, the perfect creit leagal framework and the credit management education are the strong holding systems.Chapter 4 is a series of suggestions. At the first period, the central bank should become the most important pushing-strength. The government should exert its functions in taxes, credit legislation, credit law enforcement and credit management education. After the credit information report agencies have already constructed, they will face three sturdy important responsibilities which are to construct personal credit consulting data-base, to perfect personal credit-grading mechanism and the data-base's net-work. The collabration with the foreign credit management companies is a necessary choice to accept the challenges coming from joining in WTO.