Legal basis: People's Republic of China (PRC) Commodity Circulation Law.
Article 39 The State shall formulate a unified system for the collection, processing, inquiry and publication of commodity circulation credit information, establish an intergovernmental credit information sharing system and a public service platform for commodity circulation credit information, and provide inquiry services to the society. The state encourages third-party professional credit evaluation institutions to provide credit services.
Fortieth promoters shall establish a credit evaluation system and a credit disclosure system for trading places, and prohibit on-site operators from fabricating credit evaluations by themselves or through others. At the request of government departments, sponsors should provide relevant credit information.