Is it still effective for commercial banks to implement a unified credit system?

It is still effective for commercial banks to implement a unified credit system.

It is still an important basis for the inspection of the banking regulatory bureau and the People's Bank of China before the explicit abolition regulations are promulgated.

According to the Guidelines for Commercial Banks to Implement a Unified Credit System, the contents of unified credit include: local and foreign currency loans, trade financing, discounting, acceptance, letters of credit, letters of guarantee, guarantees and other forms of off-balance-sheet credit issuance.