The development of Qianhai Free Trade Area is an epitome of the construction of socialist market economy in China. In recent years，Qianhai Free Trade Area has gradually developed a social credit system with local characteristics. Especially since 2018，it has summarized and developed the “Qianhai Mode” of social credit system，taken institutional innovation as the core，promoted the credit-based reform and innovation，guided high-quality and high-speed development，and created a good basis and conditions for the construction of the credit system in the area. Basing itself on the current situation of social credit system in Qianhai Free Trade Area，this report summarizes the overall situation，the main practice and the results of the construction of the social credit system in the area and introduces the thinking，plans and concrete practice of Qianhai Free Trade Area in creating an experimental zone of credit economy，building a cross-departmental coordinated supervision platform，launching the comprehensive mobile service terminal “Credit Qianhai”，promoting the comprehensive reform of credit services，and creating the “credit taxation” system.