Chongqing- The Top Ten Credit Application Scenarios were released at the Credit Application Scenario Venture Capital Contest Award Ceremony on September 10, and they will be displayed at the upcoming 2020 Smart China Expo Online. The award ceremony was hosted by the Chongqing Development and Reform Commission and Yubei District People's Government in Xiantao Big Data Valley.

The Top Ten Credit Application Scenarios were released at the Credit Application Scenario Venture Capital Contest Award Ceremony in Chongqing Xiantao Big Data Valley on September 10, 2020. (Photo by Wang Quanchao)

List of Top Ten Credit Application Scenarios released

According to the organizing committee, this credit application scenario venture capital competition had attracted a total of 350 participants from 145 teams from 9 provinces, municipalities, and autonomous regions, and a total of 90 entries were collected. After the preliminary and final competitions, the top ten stood up.

The Top Ten Credit Application Scenarios awarded cover economic development, people's livelihood services, and others. Most of the award-winning cases have been put into use, such as State Grid Chongqing Electric Power credit big data service platform, Xiushan e-commerce poverty alleviation credit service platform, and Jiangjin District credit commitment approval service. These applications have already played a significant role in benefiting enterprises.

Credit applications serve economic and social development

As of September 2020, the city's enterprises and other legal person organizations have all possessed the social credit code "ID Card", and the municipal credit platform has collected 5,223 items and 470 million pieces of credit information, further strengthening the foundation of credit applications. The launch of a large number of characteristic credit applications has promoted the social and economic development of Chongqing.

Dai Ming, deputy director of the Chongqing Development and Reform Commission, said that the core of credit construction lies in application, and innovation and entrepreneurship are the themes of the current era. Combining credit with innovation and entrepreneurship is the general trend of the current social credit system construction, and it is also a requirement to innovate social governance and optimize the business environment and create more credit value.