穆迪、标普和惠誉等机构垄断国际评级市场,形成事实上的金融霸权,并加紧向本土机构渗透,已对我国金融安全构成隐患。本文研究了国内评级体系的特点和趋势,分析了存在的问题及其成因,最后提出我国争取资本市场话语权、促进本土评级机构发展的政策建议。 Moody’s, Standard & Poor’s, Fitch and other institutions monopolize the international rating markets, form a de facto financial hegemony, and intensify their penetration into local institutions, which poses a hidden danger to China’s financial security. This paper studies the characteristics and trends of the domestic rating system, analyzes the existing problems and their causes, and finally puts forward the policy recommendations for China to fight for discourse power in the capital market and promote the development of local rating agencies.