Core Viewpoint - The People's Bank of China (PBOC) emphasizes the importance of the credit reporting system as a foundational financial infrastructure that supports risk assessment and financing needs for the real economy [1] Group 1: Credit Reporting System - The PBOC's credit reporting system is a national database that collects and shares credit information of individuals and enterprises, serving as a critical reference for financial institutions in risk assessment [1] - The system has developed over nearly thirty years and plays a significant role in preventing credit risks, enhancing financial service quality, and promoting social credit awareness [1] Group 2: System Statistics - As of November 2025, the credit reporting system has recorded credit information for 810 million individuals, with an average of 20 million queries provided daily, contingent on the consent of the individuals involved [1]

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]