Stall owner gets Jiangsu's first credit repair certificate

A court in Wuxi, Jiangsu province, recently issued the province's first "personal bankruptcy credit repair certificate" to a stall owner at a local farmers market, marking a milestone in China's exploration of personal bankruptcy procedures.

The certificate means the debtor, Wei Yunpei, has repaid his debts under a court-approved plan and will no longer face credit penalties in economic transactions.

Wei, a 62-year-old native of Chongqing, moved to Wuxi in 1986 to work as a construction laborer. He later formed a construction team and began subcontracting projects in neighboring cities.