Hong Kong, November 16, 2012 -- Moody's Investors Service and its Chinese affiliate, China Cheng Xin International Credit Rating Co. Ltd. (CCXI), will host a conference in Beijing on 22 November.
The theme of the conference is "Outlook for Chinese Economic and Credit Trends in 2013," and the agenda will include an assessment of China's macroeconomic landscape and its state-owned enterprises, as well as the outlooks for the banking, project infrastructure and finance, mass transit, and iron & steel sectors.
Michael Min Ye, Managing Director of Moody's China and CEO of CCXI, will chair the event. "We extend a warm invitation to market participants to our third conference in China in 2012, and look forward to an afternoon of lively discussion," Mr. Ye says.
"I am pleased to welcome as our guest speaker, Mao Zhenhua, founder of China Cheng Xin Group, and Director of the Economic Research Institute of Renmin University of China," he adds.
Mr. Mao will speak on the macroeconomic situation in China and focus on the factors affecting both short- and long-term economic growth, as well as policy adjustments.
This session will be followed by the assessment of China's banking system by Bin Hu, a Moody's Vice President and Senior Analyst. Mr. Hu will elaborate on the major challenges for the sector and their credit implications for the banks.
Ivan Chung, a Moody's Vice President and Senior Credit Officer, will discuss the outlook for the project infrastructure and finance sector. He will focus on the changing momentum in regional and local government finance, and the need for expediting investments in the renewable energy, grid and metro project segments.
The conference will also cover the impact of lower economic growth on China's state-owned enterprises. Kai Hu, a Moody's Vice President and Senior Analyst, will provide insight into the challenges and opportunities for state-owned firms in a period of lower GDP growth.
Huang Can, a CCXI Rating Director and General Manager, will discuss the outlook for the Chinese banking system in 2013.
In addition, the conference will devote time to discussion of the outlooks for the iron & steel and the mass transit sectors.
Mao Qijing, a CCXI Senior Analyst & Project Manager, will speak on the challenges for the iron & steel sector, including overcapacity and weak iron ore prices, and also discuss the profitability and liquidity positions shown by their rated companies.
The conference will end with a discussion on the growth prospects and financing pressures for the mass transit sector. Chen Peng, a CCXI Analyst, will lead the debate on this topic.
Moody's & CCXI Credit Risk Conference: Outlook for Chinese Economic and Credit Trends in 2013 will be held on 22 November 2012 in Beijing.
Additional details as follows:
Half-day conference: 1:30pm -- 5:30pm
InterContinental Beijing Financial Street
Xi An Ballroom
11 Financial Street, Xi Cheng District, Beijing
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