Beijing has announced one of the most significant developments in its social credit system before the rollout of the controversial behavioural engineering system in 2020.
The National Development and Reform Commission (NDRC) issued a statement saying it is in progress in developing a company ranking system that will affect 33 million companies.
1.4 billion Chinese citizens and all companies in China will be covered by the mandatory system in 2020. The system is for awarding the trustworthy and punishing the disobedient.