China issues blacklist of poor credit records in July

The National Development and Reform Commission issued a blacklist on Friday of who had been recorded with low credits in July, therefore requiring to take legal responsibility.

Announced at a press conference, it shows one aspect the country has achieved in accelerating the construction of the social credit system.

The commission said 693,800 pieces of discredit information involving 639,200 individuals with low credit records have been added to the blacklist in July.

Conversely, 166,500 individuals that used to have bad credit records have been withdrawn from the list.

Statistics from the national courts show a total of 330,000 individuals on the July blacklist have been punished by law for their low credits - 2.56 million person-times have been restricted from buying airplane tickets, and another 90,000 from purchasing high-speed train tickets.

Meng Wei, spokeswoman of the commission, said increasing amounts of discredit information are being collected on the national credit information sharing platform, with the total number amounting to around 37 billion pieces.