Trade firms get credit ratings

GUANGZHOU: Border checks for Shenzhen import or export companies' goods will vary according to their credit grades, the Shenzhen Enter-Exit Inspection and Quarantine Bureau has said.

The bureau launched a credit grading system on Thursday, rating more than 10,000 import and export enterprises from A to D.

Firms with excellent credit records have got grade A, those with basic credit B and the ones that lack credit C. Enterprises suffering from a serious lack of credit have been graded D and "blacklisted".