Mr. Dai and his staff began to prepare a briefing for senior PBC staff that would describe what had been achieved to date, the critically important issues that still had to be resolved, and CISB priorities as they moved forward. The main issue, of course, was whether China should proceed with a public credit reporting system or a private system, as IFC recommended. Did the PBC have the financial resources and a staff of professionals with the necessary skill set to roll out a national CRS and keep up with the enormous demand for credit reports? What should the government do to assist the population become familiar with the new CRS, perhaps using public awareness campaigns? And, finally, could the new CRS meet the needs of the stakeholders in the financial sector—commercial banks, private-sector companies that allowed point-of-lending, and new financial institutions?