Credibility (公信力)

Credibility (公信力 gōng xìn lì) refers to the extent to which individuals and firms believe that the government will carry out promising macro-economic policies which might benefit individuals and firms.

Part 1: Breakdown of Words

“公” (gōng) as in “public” (公众 gōng zhòng), “firm” (公司 gōng sī), or “fair” (公平 gōng píng).

“信” (xìn) as in “trust” (信任 xìn rèn), “confidence” (信心 xìn xīn), “credit” (信用 xìn yòng), or “information” (信息 xìn xī).

“力” (lì) as in power (权力 quán lì), “capability” (能力 néng lì), or “force” (力量 lì liàng).

Part 2: Examples

1. Central bank credibility (中央银行公信力 zhōng yāng yín háng gōng xìn lì).
2. Government credibility (政府公信力 zhèng fǔ gōng xìn lì).