China's Social Credit System: Data, Algorithms and Implications

Abstract

Data and algorithms for China's social credit system (SCS) are a topic of great current interest. Nonetheless, few details regarding China’s SCS have been officially released. What is clear, however, is that China's social credit system uses broader criteria than Western systems to rank and rate entities. The system is expected to operate through a wider range of mechanisms at the public and private spheres in order to assess the trustworthiness of individuals, businesses, and professional sectors with a goal to reward good behaviors and punish bad behaviors. A full implementation SCS is expected to have wide-ranging impacts on the lives of individuals and organizations than Western-style credit systems. The SCS can be considered an instrument of an overarching ideology that simply reflects the interests of the CCP leaders.