Basic Framework and Operating Mechanism of Social Credit System-World Credit Organization

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ICE8000 credit knowledge column
  • 1. "Introduction to ICE8000 Credit Knowledge"
  • 2. "Building an Integrity Unit——ICE8000 Integrity Management"
  • 3. "ICE8000 Credit Investigation, Analysis, Rating"

    • 2.4 The basic framework and operating mechanism of the social credit system

    The World Credit Organization [WCO] summed up the successful experience of social credit system construction in various countries, sought common ground while reserving differences, and proposed the basic framework and operating mechanism of a universal social credit system for reference by all countries, as shown in the figure on the next page.

    Illustration of Social Credit System

    The above content is excerpted from "Introduction to ICE8000 Credit Knowledge" (written by Fang Bangjian, free to use, but please indicate the source)