Since opening the individual consumer credit information market in January this year, the first eight private companies have released various consumer credit rating products. At the same time, some of these innovative plans have been met with controversy. People’s Bank of China’s Assistant Bank Manager Yang Ziqiang announced on October 26 that current supervision and opinion on the credit information industry needs to go through major reform, especially in the consumer credit information sector. There is need to further improve and alter supervision measures to define market and government borders to prevent overly innovative products that cross that border.