Are they going to tie this to their social credit score? If so that is incredibly terrifying. Now they can keep you from engaging in any commercial activity if you don't agree with them or tow the party line.
They are trialing it. That seems to be the natural path. The ultimate goal of totalitarian regimes is to control every aspect of their citizenry; what they can say, what they can worship, what they can see and who they can hangout with. Boiling the frog so to speak.