Recently, the Guangdong Development and Reform Commission issued “Certain Measures to Promote the Expansion and Quality Improvement of the Credit Service Industry”, which launched 21 specific measures around the four major directions of scenario expansion, subject cultivation, cross-border cooperation, and environmental optimization to further stimulate the vitality of the credit service market, promote industry expansion, quality and efficiency, and help the province continue to optimize the business environment. The “Certain Measures” establish a gradient development pattern, strengthen leading local credit service agencies, support the development of international markets, actively introduce well-known domestic and foreign credit reporting rating agencies in Guangdong; cultivate small and medium-sized institutions specialized in vertical fields to support technological innovation in segmented scenarios; and guide small and micro credit service agencies to focus on grass-roots inclusive fields and give full play to their advantages close to the market. At the same time, it will make up for shortcomings in supporting services such as credit technology and data compliance, promote intelligent transformation of the industry, cultivate new business formats such as intelligent risk control, and form a good ecosystem for the integrated development of large, medium, and small enterprises. In the next step, the Guangdong Development and Reform Commission will strengthen coordination, strengthen departmental coordination and policy guarantees, cultivate a culture and social atmosphere of integrity, promote the implementation and effectiveness of various measures, continue to release the value of credit factors, and build strong credit support for the high-quality development of the province's economy.

Recently, the Guangdong Development and Reform Commission issued “Certain Measures to Promote the Expansion and Quality Improvement of the Credit Service Industry”, which launched 21 specific measures around the four major directions of scenario expansion, subject cultivation, cross-border cooperation, and environmental optimization to further stimulate the vitality of the credit service market, promote industry expansion, quality and efficiency, and help the province continue to optimize the business environment. The “Certain Measures” establish a gradient development pattern, strengthen leading local credit service agencies, support the development of international markets, actively introduce well-known domestic and foreign credit reporting rating agencies in Guangdong; cultivate small and medium-sized institutions specialized in vertical fields to support technological innovation in segmented scenarios; and guide small and micro credit service agencies to focus on grass-roots inclusive fields and give full play to their advantages close to the market. At the same time, it will make up for shortcomings in supporting services such as credit technology and data compliance, promote intelligent transformation of the industry, cultivate new business formats such as intelligent risk control, and form a good ecosystem for the integrated development of large, medium, and small enterprises. In the next step, the Guangdong Development and Reform Commission will strengthen coordination, strengthen departmental coordination and policy guarantees, cultivate a culture and social atmosphere of integrity, promote the implementation and effectiveness of various measures, continue to release the value of credit factors, and build strong credit support for the high-quality development of the province's economy.