National Development and Reform Commission (NDRC) of the People’s Republic of China had engaged National Association of Financial Market Institutional Investors (NAFMII) to assess the performance of the six credit rating agencies on rating corporate debts in 2015. The assessment results were announced on 21 Oct 2016 by NDRC, as follows:
Name of Credit Rating Agency |
Total score |
China Chengxin International Credit Rating Co., Ltd. |
85.78 |
China Lianhe Credit Rating Co., Ltd. |
82.39 |
Dagong Global Credit Rating Co., Ltd. |
82.03 |
Shanghai Brilliance Credit rating & Investors Service Co., Ltd. |
80.19 |
Golden Credit Rating International Co., Ltd. |
79.57 |
Pengyuan Credit Rating Co., Ltd. |
78.18 |
Average score |
81.36 |
(Full version of the announcement:
http://www.ndrc.gov.cn/zcfb/zcfbtz/201610/t20161028_824506.html)