indulgence

Ying Miao
Indulgentsia
Published in
2 min readSep 5, 2019

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The social credit system is an important part of the socialist market economic system and social governance system. It is based on laws, regulations, standards and contracts. It is based on a sound network of credit members and credit infrastructure that covers society members. It is supported by credit information compliance application and credit service system to establish a culture of integrity and promote the tradition of integrity. Virtue is an internal requirement, and the reward and punishment mechanism is based on trustworthiness and un-trustworthiness, with the aim of improving the integrity and credit level of the whole society.Accelerating the construction of the social credit system is an important basis for fully implementing the scientific development concept and building a socialist harmonious society. It is an important means to improve the socialist market economic system, strengthen and innovate social governance, and enhance the integrity of social members and create a good credit environment. It is of great significance to enhance the overall competitiveness of the country and promote social development and progress in civilization.

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