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China’s Dagong methodology to strengthen Russia’s investment cooperation with other states

April 08, 19:02 UTC+3 BEIJING
According to Dagong Chairman Guan Jianzhong, new rating methodologies will help Russia attract investors under more lucrative terms
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© AP Photo/Andy Wong

BEIJING, April 8. /TASS/. China’s rating agency Dagong launched an updated methodology of assessing efficiency of infrastructure investment projects, which will help upgrade a number of international programs, including Russian ones.

According to Dagong Chairman Guan Jianzhong, the new methodology "will improve the implementation of many international projects from Russia. "New rating methodologies will help Russia attract investors under more lucrative terms," he said. "I know that many foreign companies are interested in Russian projects," he added.

"We assume that the infrastructure construction depends both on public and private investment," the official told TASS. "So the attraction of investment directly depends on the level of innovative decisions we’re offering," he added.

Dagong Global Credit Rating was founded in 1994. All its ratings are acknowledged by the government of China.

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