China Travel & Tourism News
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Central bank launches online personal credit system
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| 5-Jul-2005 - Xinhua |
China's central bank has launched an online personal credit system in eight provinces and municipalities. Under the system, individuals with bad credit records will find it more difficult to get loans in regions covered by the network.
The personal credit system includes individual identity, loan information and credit card information. Individuals who apply for loans will be required to allow banks to make a background check on their personal credit information.
The system will be expanded to cover the entire country by the end of the year, collecting information from the four state owned commercial banks, joint-stock commercial banks, city commercial banks and some rural credit cooperatives. It is also expected the system will be expanded to include more personal information to give lenders a better picture of loan applicants.
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| 5-Jul-2005 - Xinhua |
Main Cities in China Travel and China Hotels
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Shanghai Hong
Kong Qingdao Hangzhou |
Other Major Cities:
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Chengdu,
Chongqing,
Dalian,
Dongguan,
Dunhuang,
Foshan,
Guangzhou,
Guilin,
Haikou,
Harbin,
Hainan,
Hangzhou,
Kunming,
Lhasa,
Macau,
Nanjing,
Qingdao,
Sanya,
Shenyang,
Suzhou
Shanghai,
Shenzhen,
Tianjin,
Weihai,
Wenzhou,
Xiamen,
Xi'an,
Yiwu
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Dalian Hotels,
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