Improve the infrastructure of the movable property financing market.

date
25/09/2025
The movable property financing unified registration and publicity system, as an important infrastructure of China's movable property financing market, completed a comprehensive upgrade in June 2025. In this regard, the journalist interviewed the person in charge of the Credit Reporting Center of the People's Bank of China. "After the launch of the new generation unified registration system, the operation is stable, users transition smoothly, and the system processing efficiency has increased by more than 5 times," said Li Liansan, deputy director of the Credit Reporting Center of the People's Bank of China. He introduced that the average daily registration volume in June increased by nearly 20% compared to the data from January to May 2025, with over 290,000 registrations using the standardized template of "financial asset details," accounting for 23% of the total registrations in June, and showing a gradual upward trend. The level of online services for users has greatly improved, with good market feedback. It is understood that the upgrade of the new generation unified registration system focuses on improving business standardization and modernizing the architecture, with a focus on promoting registration content element-based guidance, simplifying user management structures, and iterating on technical upgrades, to provide higher quality and more efficient registration and inquiry services for businesses.
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