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reporter zhang hong, editor ma ziqing

on september 12, the asian credit rating industry beijing summit was jointly held by the asian credit rating association and china chengxin international credit rating co., ltd. the theme of this summit was "technological innovation and global change reshaping credit rating."

yan yan, chairman of china chengxin international, said in his speech that in the past year, global geopolitical tensions have continued to escalate, the uncertainty brought about by climate change has continued to increase, artificial intelligence large model technology has made significant progress, and global financial markets have also experienced drastic fluctuations. these complex and changing factors have not only profoundly affected the economic development paths of various countries, but also posed unprecedented challenges to the credit rating industry. in such a macro context, the credit rating industry must demonstrate greater adaptability and innovation capabilities to promote the continued healthy development of its business.

image source: photo by zhang hong, reporter of china business network

as the only international organization of credit rating agencies in asia, the asian credit rating association invited representatives from 25 rating agencies from 14 asian countries to this conference. it is hoped that through this summit, exchanges between asian credit rating agencies will be strengthened and the internationalization of asian credit rating will be promoted.