Research On The Problems And Countermeasures In Changzhou City’s Credit Repair Policy Implementation

In the era of credit economy,the construction of social credit system can not be separated from economic development and governance.In recent years,China has established a legal system of integrity,strengthened the joint punishment of dishonesty,and formed more and more dishonest subjects.Therefore,promoting the credit repair mechanism,guiding the dishonest enterprises to reform and rebuild their integrity is an important part of the construction of China’s social credit system in the future.Jiangsu Province is a major industrial province in China and a pioneer of integrity construction.In October 2016,it introduced laws and regulations on credit repair,which defined the direction of integrity repair.So far,Changzhou’s credit repair mechanism has been implemented for five years,but can the effectiveness of the credit repair mechanism achieve the expected effect,and will it have an impact on the business and credit behavior of enterprises? Under this background,the article chooses the Problems and Countermeasures in Changzhou City’s Credit Repair Policy Implementation as a case to discuss the role of the government in enterprise credit repair.Firstly,the article reviews the literature on credit repair at home and abroad,and summarizes the advanced experience of foreign credit repair;Then,it analyzes the development status and problems of Changzhou’s credit repair system,and points out a series of problems,such as the imperfect policy system of Changzhou’s credit repair,the poor repair effect,the mismatch between the way of credit repair and the content of enterprise credit repair,and the excessive concentration of the functional power of the repair department.After analyzing these problems,we find that Changzhou’s credit repair policy is poorly implemented The credit repair third-party market is small in scale and the supply of professionals is insufficient.This thesis discusses the improvement of Changzhou’s credit repair mechanism,the problems encountered in the process of credit repair,and the incentive effect of improving the credit repair mechanism on enterprises.