In the Beijing area, over one million entities have successfully eliminated their bad credit records.

On April 29, the Beijing branch of the People's Bank of China held a press conference for the second quarter of 2026, introducing the financial statistics for the first quarter of 2026 in Beijing, solidly carrying out the "Five Key Areas" of financial work in the capital, and continuously promoting the implementation of the one-time credit repair policy. In order to provide individuals who have previously defaulted with the opportunity for corrective action, on December 22, 2025, the People's Bank of China issued a notice on the implementation of arrangements for the one-time credit repair policy, which decided that for individual overdue information with a single amount not exceeding 10,000 RMB during the period from January 1, 2020 to December 31, 2025, if the individual repays the overdue debt in full by March 31, 2026, the financial credit information foundation database will not display the information. Currently, this policy has ended implementation, and the convenience effect of "enjoying without application" has been fully realized. Preliminary statistics show that beneficiaries in the Beijing area exceed one million times, and the beneficiaries have regained over 10 billion RMB of credit support.