China export credit insurance company introduced 23 measures to stabilize foreign trade


People’s Daily overseas edition, Beijing on March 3 (Reuters) reporter learned from China’s export credit insurance company, to actively respond to new crown pneumonia outbreak influence on macroeconomic, sinosure has already issued relevant opinions, has been clear about the article 23 special measures, to full support for foreign trade and economic cooperation to return to work and production enterprise, hold the base of foreign trade to provide strong support.

In terms of short-term export credit insurance, sinosure will implement more active underwriting policies to further expand the coverage of short-term export credit insurance. Strengthen the support for small and micro enterprises; Strengthen support for export enterprises in hubei province seriously affected by the epidemic; Further increase key market support, guide enterprises to strengthen the development of diversified markets; We will increase support for strategic emerging industries and other industries to receive international orders, and support leading enterprises in the industry and self-owned brands to consolidate and expand the size of orders at hand. We will give priority to supporting vertical leading e-commerce enterprises and well-qualified cross-border e-commerce enterprises in their export business, and encourage them to expand exports by using overseas warehouses. Priority should be given to ensuring that leading enterprises and key links with significant influence in the global supply chain resume production and supply.

In terms of project insurance, we will strengthen project coordination, improve promotion efficiency, and assist enterprises to speed up project implementation. Actively support Chinese enterprises to build international marketing networks and explore key markets; We will give priority to supporting investment projects in international cooperation on production capacity, energy and resources, and agriculture. To increase the support for the business of overseas economic and trade cooperation zones and actively promote the comprehensive development of investment and construction business; Give full play to the linkage effect of guarantee and export credit insurance, and provide credit enhancement services for clients’ overseas project performance and financing.