Eight Cities Pilot Credit Supervision Data Openness, Empowering Micro and Small Enterprises with Mobile Payment Platforms

Eight Cities Pilot Credit Supervision Data Openness, Empowering Micro and Small Enterprises with Mobile Payment PlatformsIn March 2025, the State Administration for Market Regulation announced the positive results of a pilot program in eight cities, including Suzhou, Jinan, and Chengdu, which opened up credit supervision data to mobile payment platforms such as WeChat Pay and Alipay. This pilot program aimed to simplify the process of opening merchant collection codes, promoting the healthy development of business entities, and has made significant progress...

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