The credit-based consumption system that was put into pilot operation in SIP’s Yangcheng Lake Peninsula Tourist Resort (YLPTR) last October was recently declared an “excellent credit case” by the Organizing Committee for the Forum for Credit System Construction of Chinese Cities, which recently evaluated 420 credit development cases from around the country.
It is learnt that, under the credit-based consumption system, both businesses and consumers are encouraged to gain credit points for rewards. Businesses with certain credit ratings can enjoy incentives, and consumers can enjoy discounts and even free services in their consumption according to their credit ratings.
February 5, 2022
