Legal basis: Regulations on the Administration of Credit Information Industry
Article 2 These Regulations shall apply to the credit investigation business and related activities in China.
The term "credit business" as mentioned in these Regulations refers to the activities of collecting, sorting, saving and processing the credit information of enterprises, institutions and other organizations (hereinafter referred to as enterprises) and individuals, and providing them to information users.
The provisions of Chapter V of these Regulations shall apply to the collection, collation, preservation, processing and provision of information in the basic database of financial credit information established by the state.
These Regulations do not apply to the collection, collation, preservation, processing and publication of enterprise and personal information by state organs and organizations authorized by laws and regulations to manage public affairs in accordance with laws, administrative regulations and the provisions of the State Council.
Article 3 Anyone who engages in credit investigation business and related activities shall abide by laws and regulations, be honest and trustworthy, and shall not endanger state secrets or infringe on business secrets and personal privacy.
Article 4 The People's Bank of China (hereinafter referred to as the supervision and administration department of credit information industry in the State Council) and its dispatched offices shall supervise and administer the credit information industry according to law.
The local people's governments at or above the county level and the relevant departments of the State Council should promote the construction of social credit system in their own regions and industries, cultivate the credit information market, and make solid progress.