The Notice on Strengthening the Pilot Management of Industry Credit Rating (No.3 [2007] of State Regulation Office and the State Council State-owned Assets Supervision and Administration Commission) was jointly issued by 53 pilot units of industry credit rating evaluation in China.
At present, the self-construction of domestic rating agencies is still relatively backward, mainly in:
1. A few rating agencies operate the rating business as a general intermediary business, and the concept of rating business is flawed;
2. There are some deficiencies in technical preparation and talent reserve.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.