Because social credit system is very important to our country，these leaders，who are in CPC Central Committee or the State Council have been paying great attention to this system. In June 2014，Plan for the Development of the Social Credit System（2014-2020）was published by the State Council. That was a big deal，because it not only showed the attitudes of the incumbent，but also pointed out the direction of the development of the social credit system. First，the foundation of the credit system should include well-established legal system，supervision system and the credit reporting system. Second，the main task of the development of the credit system is to enhance those four kinds of credit，those are，governmental credit，business credit，social credit and the credibility of judicial offices. Third，it is important to promote honesty construction and to improve incentive mechanism which will benefit the person who keeps his word and punish him when he breaks his promise. After the publication of the plan，the central government and the local governments acted immediately and set a timetable for the development of the credit system. For the credit researchers，they have done many things. With the help of some Practitioners，the research on credit and education in credit theories have been taken to a new level. Though we have made great progress，there are some problems yet. For example，bank crisis or economic crisis are not far away，especially the time when we are going through the structural transformation of the economy；innovations in internet area are promoting the combination of people and the Net，while the regulation is very inefficient；data is important，but when credit data are accumulated，we are incapable of tackling with them. Based on these problems，this article puts through some suggestions：（1）to reinforce coordination to promote efficiency；（2）to adopt accountability mechanisms to increase governmental credit；（3）to regulate the internet commerce；（4）to pay close attention to the risk to maintain a stable financial system；（5）to give impetus to credit-rating firms and enhance the ability of credit management.