Jiangsu Province Issued Guidelines for Entering Enterprise Data Resources into Tables

Jiangsu Provincial Department of Finance recently formulated and issued the "Guidelines for Enterprise Data Resource Entry", providing an operation manual for standardizing the entry of enterprise data resources. In the field of financial services, data assets also play an important role in solving industry difficulties. The provincial data group cooperated with a credit reporting company, relying on the provincial public data authorization operation platform and based on data from the Ministry of Human Resources and Social Security, to create the public data product "SuSheFen", which has been listed on the provincial data trading platform and tested at three financial institutions including the China Bank Jiangsu Branch, Industrial and Commercial Bank Jiangsu Branch, and Jiangsu Bank. "SuSheFen" transforms social security, employment and other data into "credit scores", helping financial institutions accurately assess the credit status of credit subjects. By the end of June this year, the three trial institutions had accumulated a total of 19.98 billion yuan in credit based on the "SuSheFen" product. This innovative practice breaks the traditional financial risk control dependence on collateral guarantees and transforms the credit value of public data into inclusive financial momentum, achieving a breakthrough in the transformation of "credit into capital".