|社会信用||Social Credit||While now used as a term of art, for a general policy directive on record keeping and analysis, the connotation may be different in English and Chinese. |
The Chinese does not necessarily imply interpersonal relations in 'social', but could easily refer to the public or society [ e.g. 社会资本 literally ‘social capital’ does not share the English meaning of ‘ networks of relationships among people who live and work in a particular society creating economic value and enabling that society to function effectively;’ but refers to capital that was invested by members of the general public.]
Similarly, 'xinyong' or credit, can mean 'believable' as in 讲信用 [literally 'talks credit', but means, one's speech can be trusted].
'Social credit' was originally used in a broader sense, meaning 'public trust', in the discussion of increasing trust between market actors.
|征信||Credit reporting||A term now generally reserved for discussing financial credit, the ability of people to repay loans. For example, the People's Bank of China offers individual credit reports using this term.|
|诚信||Creditworthiness, (Integrity)||In social credit, this term is used almost exclusively to refer to a moral assessment component. |
As one of the 12 'Core Socialist Values' this term is translated as Integrity.
|失信||Untrustworthy (dishonest，faith-breaking)||In the social credit context, refers specifically to failures to perform on legal obligations. Breach of conduct, loan defaults, administrative regulatory violations and so forth are all 'untrustworthy conduct'|
|守信||Trustworthy (promise-keeping, faith keeping)||The term used for enterprises and individuals that fulfill legal obligations.|
|失信被执行人||Judgment Defaulters||A 被执行人 is a person subject to a court enforcement order, and the 失信 tells us that they are a person who has failed to perform on the court judgment against them.|
|黑名单||Blacklist||Blacklists in social credit are sometimes known as lists of those with 'serious unlawful untrustworthy conduct' which is more intuitively accurate. Social credit blacklists are industry specific lists of enterprises or individuals with serious violations of industry regulations. Exact criteria for entry onto blacklists is laid out in legal authority.|
|红名单||Redlist||Redlists are industry-specific lists of enterprises and individuals who have maintained good standing (not violated legal obligations) for a certain period of time.|
|公共信用信息||Public credit information||Information produced or acquired by government bodies such as administrative organs, judicial organs, public enterprises or public institutions, during the performance of their duties or the provision of services.|
Governments produce directories of the type of public information that will be collected, and some types of information collection are strictly prohibited,
|市场信用信息||Market credit information||Information produced, collected, or acquired by Market Credit Information Providing Units, such as credit service establishments, industry associations, and other enterprises and public institutions, during the course of their production and operations activities|
|统一社会信用代码||Uniform Social Credit Code||An 18-digit identification code to which all government data and more is attached.|
For natural persons (humans) it is their national ID card number
For legal persons(corporations) and other organizations, it is a new composite number:
|金融信用信息基础数据库||Basic Financial Credit Information Databases||A data base of lending information established by the People's Bank of China in 2003 and operated by the bank's Credit Reporting Center|
|信用承诺||Credit Pledge||An assurance provided by a company that it will comply with certain rules, obtain licenses, make changes, etc; that is accepted in lieu of some administrative inspections or checks. |
Credit pledges to not relapse are also sometimes solicited from 'untrustworthy' entities.
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