Depending on points achieved, people could be blacklisted from loans and jobs
The Hangzou government is launching a “social credit system” that China’s Communist Party said it wants to establish nationwide by 2020.
According to this Zerohedge, a citizen will have a ‘personal credit score’ based on behavior such as spending habits, filial piety and turnstile violations. An individual with a bad credit score could get rejected for loans, job applications and even air travel.
The system would gather input from government documents and other social behavior such as volunteering, academics and online shopping trends.
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Wall Street Journal reports that the slogan repeated in the social credit system’s planning is to “allow the trustworthy to roam everywhere under heaven while making it hard for the discredited to take a single step.”
The report also said that “Blacklists will expose offenders and restrict them from certain activities, while well-behaved citizens will earn access to “green lanes” that provide faster government services.”
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