Apply the network information technology to build credit systems and reduce credit costs

This paper first dissertates about the significance of credit building after China entering to the WTO in terms of the credit trades, the gap between China and the western countries in credit building, and the higher requirements of network integrity for credit building; Second, specifically analyzes the four aspects of contents involved in the concept of credit cost and the character of large fluctuation range; Third, sets forth the truth that ＂credit is invaluable＂ and points out that China still has to reduce credit costs; Fourth, from the relationship between normative economics and positive economics, demonstrates that credit, as well as technology （in a broad sense）, is an indispensable basic element for the network economy, and to reduce economic operating costs, the situation of seriously laggard credit building has to be turned as soon as possible; At last, offers specific proposals on how to build a credit system in terms of investigating and assessing credit conditions, applying the network information technology to build credit systems, laying a property right foundation for credit building, building an institutionalized credit system, and developing the credit industry.

Apply the network information technology to build credit systems and reduce credit costs