Just like the financial sector credit worthiness system, China is rolling out a similar but way more stringent social credit system that is a measure of an individual’s behavior.
In China, government agencies and private companies are collecting enormous amounts of data about e.g. an individual’s finances, social media activities, credit history, health records, online purchases, tax payments, legal matters, and people you associate with in, addition to images gathered from China’s 200 million surveillance cameras and facial recognition software.
Data that indicates non-compliance with legally prescribed social and economic obligations and contractual commitments are flagged up and aggregated on a government-wide level to determine the trustworthiness of companies and individuals. Such a trustworthiness score can fluctuate based on actions—going up for good deeds such as donating to charity and can go down for negative actions such as getting a speeding ticket.
China began to create this system in 2010 as a pilot program but officially began implementing the construction of a nationwide social credit system in 2014. According to the government’s document, Planning Outline for the Construction of a Social Credit System (2014-2020), all of the social credit scores for its 1.4 billion citizens will be publicly available by 2020. At that time, there will be a searchable file of every Chinese citizen that represents all the data collected from public and private companies to track their social credit. Forbes