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Announcement:

Moody's launches profiles on upper tier Chinese regional and local governments

 The document has been translated in other languages

07 Jun 2018

London, June 07, 2018 -- Moody's Investors Service is pleased to announce the launch of a new research product, in both English and Chinese, which provides overviews of China's (A1 stable) upper tier regional and local governments.

"We believe that this new research -- with the first two profiles focusing on Guangdong Province and the Shanghai Municipal Government -- will help increase market understanding of China's regional and local government (RLG) sector," says John Manning, a Moody's Vice President and Senior Credit Officer.

"The new reports are part of Moody's efforts to provide overviews on various aspects of China's economy and sectors, as there is a scarcity of data and research on the country's RLGs," says Amanda Du, a Moody's Vice President and Senior Analyst. "We plan to publish reports on 31 upper tier Chinese RLGs and each report will be updated annually."

"The RLG sector is currently undergoing widespread changes, particularly in the areas of how debt is raised and how funding is allocated, while China's municipal bond market is poised to develop strongly," adds Du.

The launch coincides with Moody's 2018 Mid-Year China Credit Outlook Conference for Beijing on 5 June, Shanghai on 7 June, and Shenzhen on 11 June.

Moody's latest research reports add to its strong and growing coverage of China in both English and Chinese, across all sectors, from sovereign to corporate finance, financial institutions, infrastructure and structured finance.

In addition to reports on individual issuers and sectors, market participants can also access weekly summaries — in both English and Chinese — of Moody's coverage of China in the form of its China Credit Weeklies.

Moody's currently has offices in Beijing, Shanghai and Shenzhen and is committed to contributing to the development of China's capital markets. It has analytical teams covering China in all three offices, as well as in Singapore and Hong Kong.

Subscribers can access the report "Province of Guangdong (China): 2018 Update" at:

http://www.moodys.com/viewresearchdoc.aspx?docid=PBC_1111825

Subscribers can access the report "Municipality of Shanghai (China): 2018 Update" at:

http://www.moodys.com/viewresearchdoc.aspx?docid=PBC_1126542

NOTE TO JOURNALISTS ONLY: For more information, please call one of our global press information hotlines: New York +1-212-553-0376, London +44-20-7772-5456, Tokyo +813-5408-4110, Hong Kong +852-3758-1350, Sydney +61-2-9270-8141, Mexico City 001-888-779-5833, São Paulo 0800-891-2518, or Buenos Aires 0800-666-3506. You can also email us at mediarelations@moodys.com or visit our web site at www.moodys.com.

This publication does not announce a credit rating action. For any credit ratings referenced in this publication, please see the ratings tab on the issuer/entity page on www.moodys.com for the most updated credit rating action information and rating history.

David Rubinoff
MD - Sub Sovereigns
Sub-Sovereign Group
Moody's Investors Service EMEA Ltd.
One Canada Square
Canary Wharf
London E14 5FA
United Kingdom
JOURNALISTS: 44 20 7772 5456
Client Service: 44 20 7772 5454

Amanda Du
Vice President - Senior Analyst
Sub-Sovereign Group
JOURNALISTS: 852 3758 1350
Client Service: 852 3551 3077

Releasing Office:
Moody's Investors Service Ltd.
One Canada Square
Canary Wharf
London E14 5FA
United Kingdom
JOURNALISTS: 44 20 7772 5456
Client Service: 44 20 7772 5454

No Related Data.
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