Core Viewpoint - The People's Bank of China (PBOC) has established a significant credit reporting system over nearly 30 years, which plays a crucial role in preventing credit risks, enhancing financial service quality, and improving social credit awareness [1] Group 1: Credit Reporting System Development - The PBOC's credit reporting system has become an essential financial infrastructure in China [1] - As of November 2025, the system has recorded credit information for 810 million individuals [1] - The system provides an average of 20 million external query services daily, contingent on the consent of the individuals involved [1]

Core Viewpoint - The People's Bank of China (PBOC) emphasizes the significance of the credit reporting system as a crucial financial infrastructure that has developed over nearly 30 years, playing a vital role in risk prevention, service quality enhancement, and social credit awareness [1] Group 1 - As of November 2025, the credit reporting system has recorded credit information for 810 million individuals [1] - The system provides an average of 20 million query services daily, contingent upon the consent of the individuals involved [1]