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Social Credit System
The Social Credit System ( zh , c = 社会信用体系 , p = shèhuì xìnyòng tǐxì ) is a national credit rating and Blacklisting, blacklist implemented by the government of China, government of the People's Republic of China. The social credit system is a record system so that businesses, individuals, and government institutions can be tracked and evaluated for trustworthiness. The national regulatory method is based on varying degrees of whitelisting (termed redlisting in China) and blacklisting. There has been a widespread misconception that China operates a nationwide and unitary social credit "score" based on individuals' behavior, leading to punishments if the score is too low. Media reports in the West have sometimes exaggerated or inaccurately described this concept. In 2019, the central government voiced dissatisfaction with pilot cities experimenting with social credit scores. It issued guidelines clarifying that citizens could not be punished for having low scores a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zhima Credit
Zhima Credit (; also known as Sesame Credit) is a private company-run credit scoring and loyalty program system developed by Ant Group, an affiliate of Alibaba Group. It uses data from Alibaba's services to compile its score. Customers receive a score based on a variety of factors based on social media interactions and purchases carried out on Alibaba Group websites or paid for using its affiliate Ant Financial's Alipay mobile wallet. The rewards of having a high score include easier access to loans from Ant Financial and having a more trustworthy profile on e-commerce sites within the Alibaba Group. It has frequently been confused with the Social Credit System. History China has a much lower rate of credit use than developed markets. As a result, it lacks the associated credit reports. Zhima Credit was introduced on 28 January 2015. It was the first credit agency in China to use a score system for individual users, using both online and offline information. It was developed whe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Credit
Social credit is a distributive philosophy of political economy developed in the 1920s and 1930s by C. H. Douglas. Douglas attributed economic downturns to discrepancies between the cost of goods and the compensation of the workers who made them. To combat what he saw as a chronic deficiency of purchasing power in the economy, Douglas prescribed government intervention in the form of the issuance of debt-free money directly to consumers or producers (if they sold their product below cost to consumers) in order to combat such discrepancy. In defence of his ideas, Douglas wrote that "Systems were made for men, and not men for systems, and the interest of man which is self-development, is above all systems, whether theological, political or economic." Douglas said that Social Crediters want to build a new civilization based upon " absolute economic security" for the individual, where "they shall sit every man under his vine and under his fig tree; and none shall make them afraid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chinese Economic Reform
Reform and opening-up ( zh, s=改革开放, p=Gǎigé kāifàng), also known as the Chinese economic reform or Chinese economic miracle, refers to a variety of economic reforms termed socialism with Chinese characteristics and socialist market economy in the People's Republic of China (PRC) that began in the late 20th century, after Mao Zedong's death in 1976. Guided by Deng Xiaoping, who is often credited as the "General Architect", the reforms were launched by reformists within the ruling Chinese Communist Party (CCP) on December 18, 1978, during the '' Boluan Fanzheng'' period. A parallel set of political reforms were launched by Deng and his allies in the 1980s, but eventually ended in 1989 due to the crackdown on the Tiananmen Square protests, halting further political liberalization. The economic reforms were revived after Deng Xiaoping's southern tour in 1992. The reforms led to significant economic growth for China within the successive decades; this phenomenon has ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
16th National Congress Of The Chinese Communist Party
The 16th National Congress of the Chinese Communist Party was held in Beijing between November 8 and 14, 2002. It was preceded by the 15th National Congress and was succeeded by the 17th National Congress. 2,114 delegates and 40 specially invited delegates represented the party's estimated 66 million members. The Party National Congress examined and adopted the amendment to the Constitution of the Chinese Communist Party proposed by the 15th CCP Central Committee, and decided to come into force as from the date of its adoption. An amendment to the Constitution was approved the Party National Congress, with Jiang Zemin's signature ideology of " Three Represents" written into it. The Congress and elected a 356-member 16th CCP Central Committee, as well as a 121-member Central Commission for Discipline Inspection (CCDI). The Congress marked the nominal transition of power between Jiang Zemin and Hu Jintao, who replaced Jiang as General Secretary, and a newly expanded Politburo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National People's Congress
The National People's Congress (NPC) is the highest organ of state power of the People's Republic of China (PRC). The NPC is the only branch of government in China, and per the principle of unified power, all state organs from the State Council to the Supreme People's Court (SPC) are subject to it. With 2,977 members in 2023, it is the largest legislative body in the world. The NPC is elected for a term of five years. It holds annual sessions every spring, usually lasting from 10 to 14 days, in the Great Hall of the People on the west side of Tiananmen Square in Beijing. Under China's Constitution, the NPC is structured as a unicameral legislature, with the power to amend the Constitution, legislate and oversee the operations of the government, and elect the major officers of the National Supervisory Commission, the Supreme People's Court, the Supreme People's Procuratorate, the Central Military Commission, and the state. Since Chinese politics functions withi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Council Of The People's Republic Of China
The State Council of the People's Republic of China, also known as the Central People's Government, is the chief administrative authority and national cabinet. It is constitutionally the highest administrative organ of the country and the executive organ of the National People's Congress, the highest organ of state power. It is composed of a premier, vice-premiers, state councilors, ministers, chairpersons of commissions, an auditor-general, the governor of the People's Bank of China, and a secretary-general. The premier of the State Council is responsible for the State Council and exercises overall leadership of its work. The secretary-general of the State Council, under the leadership of the premier, is responsible for handling the daily work of the State Council and heads the General Office of the State Council. The executive meeting of the State Council, consisting of the premier, vice-premiers, state councilors, and the secretary-general, is held two to three times a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fair Credit Reporting Act
The Fair Credit Reporting Act (FCRA), 15 U.S.C. § 1681 ''et seq.'', is federal legislation enacted to promote the accuracy, fairness, and privacy of consumer information contained in the files of consumer reporting agencies. It was intended to shield consumers from the willful or negligent inclusion of erroneous data in their credit reports. To that end, the FCRA regulates the collection, dissemination, and use of consumer information, including consumer credit information. It was originally passed in 1970, and is enforced by the U.S. Federal Trade Commission, the Consumer Financial Protection Bureau, and private litigants. History Before standardization of credit scoring, statements of character were integral to credit reports well into the 1960s. With credit reports containing probing details about personality, habits, and health, in the hearings on the Fair Credit Reporting Act lawmakers were troubled that individuals were helpless to clear up errors. The Fair Credit Re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chinese Academy Of Social Sciences
The Chinese Academy of Social Sciences (CASS) is a Chinese state research institute and think tank. It is a ministry-level institution under the State Council of the People's Republic of China. The CASS is the highest academic institution and comprehensive research center for philosophy and social sciences research in China. The CASS was founded in May 1977. Its predecessor was the Department of Philosophy and Social Sciences of the Chinese Academy of Sciences. The main research objects of the Academy of Social Sciences are the language, philosophy, law, economy, religion, ethnicity, archaeology, history and literature of China and other countries in the world. The Academy of Social Sciences is divided into 6 academic departments and 37 research institutes. History The predecessor of the Chinese Academy of Social Sciences was the Department of Philosophy and Social Sciences of the Chinese Academy of Sciences, established in 1955. The CASS was established in May 1977 based on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zhu Rongji
Zhu Rongji ( zh, s=朱镕基; IPA: ; born 23 October 1928) is a retired Chinese politician who served as the 5th premier of China from 1998 to 2003. He also served as member of the Politburo Standing Committee of the Chinese Communist Party (CCP) from 1992 to 2002, along with CCP general secretary Jiang Zemin. Born in Changsha, Hunan, Zhu became a member of the CCP in 1949, the same year the People's Republic of China was established. He worked in the State Planning Commission between 1952 and 1958, and criticized CCP leader Mao Zedong's economic policies during the Hundred Flowers Campaign in 1957, causing him to being labeled as a "rightist" in the subsequent Anti-Rightist Campaign, leading Zhu to be demoted and expelled from the CCP. He was sent to work at a remote cadre school afterwards. He was pardoned, though not politically rehabilitated in 1962, after the famine caused by the Great Leap Forward, being again assigned at the State Planning Commission. He was purged again ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National University Of Singapore Press
NUS Press is an academic press in Singapore. It traces its origins to the Singapore University Press, which the University of Singapore established in 1971 as its publishing arm. The press specialises in books and journals that deal with topics on the social sciences and humanities in Asia. History In 1954, the University of Malaya (founded in 1949) established a Publishing Committee to oversee manage academic publishing in Malaya. The Publishing Committee operated with the assistance of the Oxford University Press Oxford University Press (OUP) is the publishing house of the University of Oxford. It is the largest university press in the world. Its first book was printed in Oxford in 1478, with the Press officially granted the legal right to print books ..., which carried out editing and other back-end work for academic articles the Committee sent to the press for publishing. The committee comprised the university's vice chancellor as its chairman, a librarian, represent ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TransUnion
TransUnion LLC is an American consumer credit reporting agency. TransUnion collects and aggregates information on over one billion individual consumers in over thirty countries including "200 million files profiling nearly every credit-active consumer in the United States". Its customers include over 65,000 businesses. Based in Chicago, Illinois, TransUnion's 2014 revenue was US$1.3 billion. It is the smallest of the three largest credit agencies, along with Experian and Equifax (known as the "Big Three"). TransUnion also markets credit reports and other credit and fraud-protection products directly to consumers. Like all credit reporting agencies, the company is required by U.S. law to provide consumers with one free credit report every year. Additionally a growing segment of TransUnion's business is its business offerings that use advanced big data, particularly its deep AI-TLOxp product. History TransUnion was originally formed in 1968 as a holding company for Union Tank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
