Credit and regulatory dilemmas With the rapid development of informatization construction, more and more small and medium-sized enterprises have realized the important role of B2B platforms in reducing transaction costs, avoiding duplication of investment, and reducing resource waste. However, some problems faced by the B2B platform industry still make many small and medium-sized enterprises "daunted", such as professional service issues and high promotion costs, but the core problem is the credit crisis. When companies conduct e-commerce online, both parties to the transaction have generally never met in person. Both parties lack the necessary understanding and are often worried about encountering online fraud. According to the "China E-Commerce Integrity Situation Survey", 23.5% of enterprises and 26.34% of individuals believe that the most worrying thing in B2B is integrity issues, which are specifically reflected in the lack of guarantee of product quality, after-sales service and manufacturer credit, safety Sex is not guaranteed and the information provided online is unreliable.

Currently, my country’s e-commerce credit must pass five major levels: commercial credit, bank credit, system (equipment and network) credit, social credit and judicial credit. On the one hand, my country's existing credit system construction has not achieved full sharing of information databases from banking, taxation, legal, insurance and other departments. On the other hand, an important source of corporate credit data in my country is currently the corporate credit database established by professional credit companies and credit assessment agencies. However, since credit ratings are still industry and personal behaviors, the intermediaries and basis for the ratings have not been legally recognition, resulting in a lack of validity and authority in ratings. In addition, a sound credit system requires sound laws and regulations as a guarantee. my country lacks clear laws and regulations to regulate e-commerce, which increases the risks of e-commerce activities. Although the country promulgated the "Electronic Signature Law" in 2004, this law only controls e-commerce companies at a very shallow level. Due to the lack of legal restrictions on e-commerce activities, some traders take advantage of legal gaps and loopholes to engage in online fraudulent activities, which seriously restricts the sustained and rapid development of the small and medium-sized enterprise e-commerce platform industry.

To this end, our country should learn from the relevant legislation currently in place in developed countries and promulgate credit laws and regulations such as the Credit Information Disclosure Law, Privacy Law, and Consumer Credit Protection Law as soon as possible; at the same time, we should establish relevant credit laws and regulations. Management agencies, such as industry integrity management, credit intermediary agency management, corporate credit management and consumer credit management, etc., and promulgate relevant laws and regulations. It is particularly important to establish a punishment mechanism for breach of trust in the process of law enforcement, punish legal entities and natural persons with bad credit records, and increase the intensity of punishment for breach of trust.