The Chinese government hopes to create “a sincerity culture” and raise “honest mentality and credit levels of the entire society” through the Social Credit System. However, this system may evolve into a large-scale political tool. The system can be used to ensure citizens, private companies, public officials, and state institutions abide by the rules.

Credit in China is growing at a breakneck pace, raising serious concerns about the level of risk in the financial system. The government now must determine how to balance the economy’s liquidity needs with protecting the system's solvency.