China starts social rating for youth. Leaders have more chances to get a job

At the end of March, 2019 the Chinese company CY Credit in partnership with the Central committee of Communistic youth league and the National commission on development and reforms started social rating for youth.

This application analyzing "digital fingerprint" of young people in China should stimulate actions which are considered as positive or socially useful. Students and graduates of college with good results can receive privileges on additional training and employment, and in general remuneration can include even lease of apartments, education abroad and even profitable defects.

China starts social rating for youth. Leaders have more chances to get a job

The application collects, sorts and analyzes a huge number of data from education level to structure of the cart for purchases in online stores. The social rating becomes a basis for remuneration how the bank offers higher credit limits with more low interest rates for clients with good reputation. However the social credit much more widely also includes non-financial actions, such as antisocial behavior and volunteering.

In general this system should cover all Chinese aged from 18 up to 45 years, i.e. about 460 million people. The application which received the name "unictown" allows each user to earn from 350 to 800 points on six different scales, turning-on personal information, work as the volunteer, social communications, the credit history, the history of purchases and experience. People with low points (less than 640) will not be punished, but will not earn special rewards, first of all, at employment.

The unictown application was started in the test mode in February, 2019, and in the market is going to launch a broad campaign since 2020.^[1]

See Also

• Social rating in China

Notes