潘功胜：研究实施支持个人修复信用的政策措施，计划明年初执行

Core Viewpoint - The People's Bank of China is researching and implementing policies to support individuals in repairing their credit records, particularly in light of the financial impacts caused by the COVID-19 pandemic [1]. Group 1: Credit System and Its Importance - The credit reporting system operated by the People's Bank of China is a crucial financial infrastructure that records financial default behaviors of both enterprises and individuals, aiding financial institutions in risk assessment and business operations [1]. - Over the past 20 years, this system has played a significant role in building China's social credit system and preventing financial risks [1]. Group 2: Policy Measures for Credit Repair - The current regulation states that default records in the credit system remain for five years [1]. - Due to the pandemic and other uncontrollable factors, some individuals have experienced debt defaults, which continue to affect their economic lives even after full repayment [1]. - To assist individuals in expediting the repair of their credit records, the People's Bank of China is considering a one-time personal credit relief policy. This policy would exclude certain default information from the credit system for individuals who have defaulted on loans below a specified amount and have since repaid them [1]. - The implementation of this measure is planned for early next year, following necessary procedures and technical preparations in collaboration with financial institutions [1].