中国本土信用评级机构“走出去”发展研究  

Researchon the Development of China's Local Credit Rating Agencies" Going Global"

作　　者：简尚波 Jian Shangbo

机构地区：[1]远东资信评估有限公司,上海200092

出　　处：《西南金融》2024年第1期18-28,共11页Southwest Finance

摘　　要：本土信用评级机构高水平“走出去”对于中国推动债券市场和宏观经济高质量发展、增强全球金融治理话语权等具有重要战略意义。中国本土信用评级机构“走出去”成效不强,与评级机构服务质量和资本实力不强、债券市场与人民币国际化程度偏弱、海外市场开放环境屏障、国际评级市场垄断有关。推进本土评级机构高水平“走出去”,需充分考虑其战略价值和正外部性,营造强力外部支持环境,包括从国家层面加强战略重视,加大财政、资本等资源支持,优化行业监管环境,深化债市和人民币国际化建设等;本土评级机构则应加强以评级技术为核心的综合能力建设,合理谋划“走出去”空间布局,多渠道、多形式推进业务对外渗透。The high-level"going global"for the development of credit rating agencies is of great strategic sig-nificance for China to promote the high-quality development of the bond market and macroeconomy,and enhance the discourse power of global financial governance.The weak effectiveness of China's local credit rating agencies in"going global"is related to the weak service quality and capital strength of the rating agencies,the weak degree of internationalization of the bond market and RMB,obstacles to overseas market opening,and the monopolistic pattern of international credit rating market.To promote the high-level"going global"of local credit rating agen-cies,it is necessary to fully consider their strategic values and positive externalities,create a strong external sup-port environment,including strengthening strategic attention at the national level,strengthening resource support through financial funds,capital operations,and other means,optimizing the regulatory environment of the rating in-dustry,and deeply promoting the internationalization of the bond market and RMB,etc.In addition,local credit rating agencies should strengthen the comprehensive capacity building centered on rating technology,reasonably plan the spatial layout of"going global",and promote external business penetration through multiple channels and forms.

关 键 词：信用评级 评级机构 债券市场 信用风险 人民币国际化 对外开放 金融安全 金融强国 

分 类 号：F832.5[经济管理—金融学] F830.59F276.6