1、 https:/crsreports.congress.gov Updated January 17, 2020Chinas Corporate Social Credit SystemChinas construction of a nationwide social credit system has been identified as a major concern by both the executive branch and some Members of Congress, because of the broad controls such a system is likel
2、y to give the Chinese government over U.S. citizens and companies operating in China. Recent reports of Chinese officials invoking the social credit system to pressure U.S. firms to take positions that align with Beijings interests raise questions for Congress about how to respond to the potential t
3、hreat the system may pose to U.S. firms operating in China. After several pilot programs, China began constructing a nationwide social credit system in 2014, guided by a document issued by Chinas cabinet, the State Council, Planning Outline for the Construction of a Social Credit System (2014-2020).
4、 The plan describes the system as necessary to build “trust” in the marketplace and broader society, and establishes a 2020 implementation deadline. Since the plan was published, the social credit system has developed into two connected but distinct systems: a system for monitoring individual behavi
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