OREANDA-NEWS. Fitch Ratings is pleased to announce the launch of its China Research Initiative with its first publication. The "China Power Sector Blue Book: Towards a Cleaner Future" is the first in a series of "blue book" publications being launched by Fitch. These extensive research documents will provide comprehensive and independent views of different market segments within the ever growing and expanding Chinese market.

In mid-2014, Fitch created a separate research team of Mandarin-speaking analysts, based in its offices in China, with a remit to produce world-class objective and insightful research into corporate sectors in China. The main focus of this research is to help educate and familiarise investors with the key credit aspects of corporate sectors that are currently unrated, or that consist of just a few rated entities.

The "China Power Sector Blue Book: Towards a Cleaner Future" provides a strategic and comprehensive view of the power sector in China, and will be shortly followed by a detailed report on the five largest independent power producers (IPPs) in China.

In Fitch's view, as China continues to open up and play an ever more important role in the global economy, its corporate sectors will produce an increasing number of international bond-issuing entities. Global investors have already started to devote considerable efforts to understand and familiarise themselves with aspects of the Chinese corporate landscape. Through the China Research Initiative, Fitch aims to support the efforts of investors by providing objective and insightful research into corporate sectors within China that have yet to issue or are in the early stages of issuing, as well as into potential issuers in these sectors.

Fitch's Blue Books are almanac-style volumes with a tiered approach dependent on investor interest and focus. The first tier looks into market structures and the operation of individual sectors, the second tier looks at key industry players and relative rankings, and the third tier performs deep dives into credit aspects of an individual entity or groups of unrated entities.

The full report "China Power Sector Blue Book: Towards a Cleaner Future" is available at www.fitchratings.com.