The Ministry of Commerce recently issued an announcement to release the Evaluation Standard for Credit Archives of E-commerce Enterprises, to be implemented from May 1, 2021. The industry standard will guide e-commerce companies to establish and evaluate credit archives based on unified standards and provide technical support for the sharing and application of their credit information.
The standard clarified how e-commerce companies should establish credit archives, and said that credit archives should include five types of information, and cover requirements for the source of credit information, and the collection and verification of credit information.