Integrated credit record system will give banks additional information

A comprehensive credit investigation system will be established in the China (Shanghai) Pilot Free Trade Zone to better serve the private economy and pave the way for bigger steps in financial reform, said a local banking regulator.

"The FTZ management committee is preparing to build an integrated credit investigation system to bring together all relative credit information," said Ma Lixin, deputy head of the Shanghai Banking Regulatory Commission, at a forum held by Fudan University on Sunday.