The State Administration for Market Regulation recently announced that the China Enterprise Credit Index in November 2024 was 160.00 points, and the corporate credit level maintained a continuous and stable and positive trend.

The national corporate credit index has steadily increased. In November 2024, China's corporate credit index rose by 1.17 points compared with October. Among them, the reliability sub-indicators, operating sub-indicators, compliance sub-indicators, and correlation sub-indicators remained stable, and the financial sub-indicators and regulatory sub-indicators increased month-on-month. Under the influence of the policy pulling of the policy of increasing the intensity of incremental policies and the accelerated release of the combination effect of existing policies, the comprehensive credit level of enterprises continued to rebound since August. In particular, the number of new enterprises has increased, the number of newly listed companies in the list of abnormal operations has decreased, and the regulatory activity has increased significantly, and market expectations and confidence have shown positive changes. But on the other hand, the proportion of enterprises with high credit risks has increased, so we need to be vigilant.

The credit level of regional enterprises continues to be positive. In November 2024, the top five provinces in the credit index were Jiangsu, Shaanxi, Anhui, Zhejiang and Beijing, and continued to rank in the top five. Jiangsu's ranking has returned to the top again since June, and Shaanxi jumped to second for the first time. Compared with October, the number of new companies in the two places and the number of new companies removed from the list of abnormal operations has increased, and the proportion of companies with low credit risks has also increased. In addition, the corporate credit index of Guangdong and Qinghai has increased significantly on a month-on-month basis, and the ranking has increased significantly. The reliability sub-indicators, operating sub-indicators, financial sub-indicators, compliance sub-indicators and regulatory sub-indicators have all increased month-on-month basis, and the comprehensive credit level of enterprises has shown a good development trend. The rankings of Shandong, Shaanxi and Qinghai continued to rise, breaking through the highest rankings since this year.

The high-quality development of corporate credit in the industry is progressing steadily. In November 2024, the average industry credit index increased significantly compared with October, and the gap between industries narrowed. Among them, the manufacturing index achieved rapid growth, with the largest growth rate among all industries, and the regulatory sub-indicators improved significantly, and the index ranked in the top 5 for the first time. The education index ranking rose the fastest, up three places from last month. The service industry has developed well, and the index growth of the transportation, warehousing and postal industries, information transmission, software and information technology services industry is higher than the industry average. In addition, the credit levels of agriculture, forestry, animal husbandry, fishery and mining have improved, and the gap with the industry index average has narrowed.

(CCTV reporter Wang Jing)