Guangzhou, 12 Dec (ZXN) -- This reporter learned from the Guangdong Branch of the Credit Information Center of the People's Bank of China on 7 December that Guangzhou is the first pilot area in the country to "innovatively promote local small and micro financial institutions to access the credit investigation system." Guangzhou recently held a launching ceremony for local financial organizations to access the People's Bank of China credit information system in batches.
It is reported that the pilot work will provide useful reference for other local financial organizations across the country to access the credit information system in batches.
Wang Zhenzhong, member of the Party Committee and deputy director of the Credit Information Center of the People's Bank of China, introduced that the credit information system of the People's Bank of China is a centralized and unified credit information system in the whole country and an important financial infrastructure in China. As of the end of October 2023, the People's Bank of China (PBoC) has connected to 10,6189 legal entities, including information on 11.64 billion natural persons and 1 million enterprises and other organizations. At present, there are an average of 3.1560 million inquiries per day for personal credit reports and 54,<> inquiries per day for corporate credit reports.
He said that the Credit Information Center of the People's Bank of China chose Guangzhou as the country's first pilot area for "innovating to promote local small and micro financial institutions to access the credit information system", and hoped that local financial organizations in Guangzhou would seize the important opportunity of this innovation pilot, and take it as a new starting point to promote their own high-quality development, further enhance compliance awareness, increase investment in science and technology, strengthen system construction, effectively prevent credit information security risks, and safeguard the legitimate rights and interests of information subjects.
Lin Weibin, director of the Guangdong Branch of the Credit Information Center of the People's Bank of China, introduced that in view of the difficulties of local financial organizations in accessing the credit information system, the Guangdong Branch Center and Shanghai Credit Information Co., Ltd. provide one-stop services including access counseling and technical support for local financial organizations in Guangzhou to access the credit information system. After multiple rounds of mobilization, training and testing of local financial organizations by the Credit Information Center of the People's Bank of China, the Guangdong Branch Center and the Guangzhou Local Financial Regulatory Bureau, all parties have cooperated to develop the "People's Bank of China Credit Information System Small and Micro Institution Subsystem", which can realize the "multi-strategy, multi-level and low-cost" access of local financial organizations to the credit information system.
Lai Zhihong, member of the leading party group of the Guangzhou Municipal People's Government and vice mayor, said that promoting the batch access of local financial organizations in Guangzhou to the People's Bank of China credit system innovation pilot is an important measure to jointly build an international financial hub in the Guangdong-Hong Kong-Macao Greater Bay Area, comprehensively strengthen financial supervision, optimize financial services, prevent and resolve risks, comprehensively promote the high-quality development of the financial industry, and do a good job in "inclusive finance".
He said that in the future, Guangzhou should take the pilot work as a starting point, focus on the construction of Guangzhou's credit system, strengthen cooperation with the Credit Information Center of the People's Bank of China, continuously improve the effective supply of the city's credit investigation market and inclusive financial products, actively carry out research on credit investigation strategy, business and technical cooperation, better play the role of "government + market", jointly promote the improvement of the construction of Guangzhou's credit system, and create a first-class business environment. (ENDS)