According to PBC Deputy Governor Zou Yan at the 17th Caixin Summit on November 13, China's central bank will strengthen cooperation between its credit reporting system and private credit institutions to build a more comprehensive credit ecosystem. Zou emphasized improving data governance and service quality of the central credit system, expanding access through mobile apps, and ensuring better basic credit services for the public. The PBC will also enhance credit data quality management from the source, standardize institutional access procedures, and prevent data contamination to safeguard system security.

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