Enlightenment of Foreign Credit Rating System for China

At present,the cases of construction of credit rating system are the U.S.A.and Europe.Such problems exist in China's credit rating as being lack of credit rating awareness,incompleteness of credit rating agency system,Absence of scientific rating quota and methods,etc.Therefore,China should take American and European experience as reference,enhance credit rating awareness in various aspects of the society by exploiting various measures,establish and consummate credit rating organizational system,enlarge coverage of credit rating as quick as possible,improve objectivity,fairness,and correctness of credit rating,focus on credit rating for financial institutions,putting credit rating into full play.