Sunday, October 23, 2011

China To Tackle Business Fraud, Fake Products and Applications

Last Friday China’s official news agency Xinhua reported a statement. The statement was released after a State Council executive meeting chaired by Premier Wen Jiabao. It says the following,

 “China needs to create an honest and faithful society.”

The State Council has concluded that, in Chinese society, “lack of credibility remains a prominent problem.” It listed business fraud, manufacture and sale of fake products, fraudulent applications and claims, and improper academic behavior are some of the key problems.

A new plan is in place, however, to establish a nationwide social credit system over the next five years, also known as the 12th Five-Year Plan period (2011-2015). This system will keep record of all citizens’ credit history, and will include establishing credit ratings for industries and government departments. The government will share credit rating information with the whole country and promote the use of credited products. At the same time, the government will work on improving its own credibility through increased transparency and promoting education and social honesty.

Interesting, but I think the Chinese culture nowadays depends to much on Cai (wealth, money), so people get greedy. While in the Western world you see now that money (greed) becomes less and less important. Our society is having a cultural change with the Occupy Movement.


Chinese people have to focus more on moral standards (heart, kindness,mind, etc). Help people who suffer, be social.


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