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The meeting approved the guidelines on speeding up the establishment of a social credit system. The attendees agreed that credit related information should be disclosed and shared across agencies and localities, so that an across-the-board mechanism can be established to punish the discredited and award the credit-worthy.

In fact, Washington's suspicion is needless and baseless.

Exchanges between legislatures of the two countries are important components of the China-Czech relations, and the strong support and active participation of the two countries' legislative institutions are indispensable to further developing bilateral ties, Xi said during a meeting with Milan Stech, President of the Senate of the Czech Parliament.

Before the reform started in 2014, if someone wanted to start a new business, they had to get a series of approvals before getting a business license, a process that usually took months. Part of the reform is to turn 152 pre-approval items into post-approval items, which both saves time and requires stronger supervision. Such efforts have greatly improved China's business environment, as higher requirements are set for business and social credit.

According to Xi, establishing and improving awards is necessary for developing socialism with Chinese characteristics, boosting modern governance, and promoting core socialist values.