A Chinese authority said a social credit record system will be set up to cover citizens, corporations and other organizations in the country.
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The move is to promote integrity, credibility and good faith in Chinese society, according to a document published on Friday which was issued by the Central Commission for Guiding Ethic and Cultural Progress.
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The document urged to establish an uniformed social credit record system as well as a database linked to the system.
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Such information will be integrated with the records regarding issues such as corporations' registration and administration, taxation, production safety, food and drug safety, environmental protection, medical care and intellectual property rights, the document said.
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Moreover, the sharing system of such information will also be enhanced.Â