China will consider individuals who seriously endanger people’s health and safety, or disrupt markets’ fair competition and normal social order, as threats to society under its new social credit guidelines.
State broadcaster CCTV reported that the measures were discussed during a recent meeting of the state council citing a state council meeting led by Premier Li Keqiang, President Xi’s point man for handling the fallout for the coronavirus.
Among these new punitive measures, China will promote quality development of the credit reporting industry, while encouraging the sharing of credit information related to finance, government administration and public utilities Speed up orderly use of government-related data Strengthen information security and privacy protection.
The meeting, chaired by Premier Li Keqiang on Wednesday, decided on measures to refine the bad-faith deterrent mechanism to promote the orderly and healthy development of the social credit system. – READ MORE
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