Wuxi hosts the first credit economy-themed conference on Oct 27. [Photo/WeChat account: wuxishilvyouju]

Wuxi in East China's Jiangsu province hosted the first credit economy-themed conference on Oct 27.

Suzhou, Changzhou, Nantong, Yancheng, Taizhou, and Huzhou, six cities surrounding the country's third largest freshwater lake, Taihu Lake, were invited to attend the conference.

A Wuxi culture-themed performance is staged before the conference. [Photo/WeChat account: wuxishilvyouju]

The conference explored the cooperation mechanism in developing a credit economy in a bid to promote the city's pilot credit economic development and boost the local cultural and tourism industry.

The seven Taihu Lake cities inked a memorandum of cooperation on the recognition of individual credit points at the conference, laying a solid foundation to cross-region and multi-layered credit integration development.

The Taihu Lake Integrity Tourism Alliance is established at the conference. [Photo/WeChat account: wuxishilvyouju]

The Taihu Lake Integrity Tourism Alliance was inaugurated as well as the first travel agencies rated 3A in credit and nine integrity tourism routes were unveiled during the conference.

Moving forward, Wuxi will establish a credit appraisal system, improve its credit supervision mechanism, and tap its cultural and tourism resources to recognize a group of credit brands involving tourism attractions, travel agencies, homestays, cultural facilities, and performance management.