China International Institute of Multinational Corporations (CIIMC) and Dun & Bradstreet Corporation of the United States (D&B) have launched the registration process of enterprises' international credit rating in China.

Sponsors of this rating activity are the Organizing Committee of the World Economic Development Declaration and the Global Compact Office of the United Nations. This activity also gets support and approval from relevant departments of the Chinese government, as well as assistance from Xinhua PR Newswire, helping with the global distribution of news releases. Along with the progress of the rating, the first batch of 'International Credit Enterprises' in China will be awarded this year, and an awards ceremony will be held in the Great Hall of the People in Beijing, China.


Chinese enterprises will establish their positions in the international market with the image of 'honesty and credibility'. Enterprises' international credit rating also includes the promotion for awardees of 'International Credit Enterprises'. The appearance of 'International Credit Enterprises' in China will provide convenient, safe and reassuring conditions for the exchange and cooperation between the international society and Chinese enterprises, and it will also be helpful to the sustainable development of the Chinese economy. This indicates that the Chinese government supports Chinese enterprises in taking a more proactive and responsible stance to participate in the international competition in the globalization process of the world economy.


Standard of Enterprises' International Credit Rating used for the rating campaign is drafted by CIIMC and D&B, the world's leading global business credit rating institution, according to international current rules and general demands, and in combination with the consideration of specific features of Chinese enterprises. Fairness and Justness are a credit commitment of the campaign organizers to the international community and enterprises. The enterprise credit rating process is based on standards of scientific criterion, openness and transparency and the probability to stand trials of time and the market.


The entire rating campaign is designed with nine procedures: registration, initial assessment, rating, publication, checking, evaluation, awarding, promotion and annual review. Mainstream media will carry out follow-up reports for each procedure for the sake of increasing socialization and marketization of the campaign and recognition by consumers. In order to enhance the justness of the campaign, daily management systems such as consumers' prosecution, enterprises' appeal and relevant check mechanism and annual review have also been established for this rating campaign. Participating enterprises will also be awarded DUNS Number recognized by the International Standards Organization.