What is the first part of export credit insurance? Export credit insurance is a non-profit policy insurance business provided by the state finance to promote the country's export trade and ensure the safety of export enterprises' foreign exchange collection. This is one of the few tools allowed by WTO rules to encourage exports. Because export credit insurance is a policy support measure backed by government finance, which provides risk protection for Chinese enterprises' export trade, foreign project contracting and foreign investment, governments at all levels attach great importance to using export credit insurance mechanism to expand exports and prevent the risk of foreign exchange collection, and encourage enterprises to take out export credit insurance through premium support and policy support. The second part is a brief introduction of China Export Credit Insurance Corporation. China Export Credit Insurance Corporation China Export Credit Insurance Corporation (hereinafter referred to as "China Xinbao") is the only policy financial institution in China that undertakes credit insurance business. Established on 200 1, 12, 18, and funded by the export credit insurance risk fund budgeted by the Ministry of Finance. Our company's policies are mainly embodied in supporting the export of goods, technologies and services, especially the export of capital goods such as high-tech and high value-added mechanical and electrical products, supporting our enterprises' overseas investment, providing foreign exchange risk protection for enterprises to explore overseas markets, and providing enterprises with fast and convenient services such as export financing, information consultation and accounts receivable management. 2. Fujian Branch of China Export Credit Insurance Corporation (hereinafter referred to as "Fujian Xinbao") officially started operation in July 2002, and is responsible for providing export credit insurance related services to enterprises within the administrative area of our province (except Xiamen). By the end of 2009, Fujian Xinbao had served 800 enterprises, supported exports totaling 7.28 billion US dollars, and assisted enterprises in financing totaling 6 billion yuan. Among them, in 2009, export support reached $31.20 billion, accounting for 1.8% of the province's general trade exports, helping enterprises to obtain bank financing of 3.7 billion yuan. With the continuous expansion of business scope and scale, Fujian Xinbao has set up business outlets in eight cities including Fuzhou, Quanzhou, Zhangzhou, Putian, Ningde, Sanming, Nanping and Longyan. 3. China Export Credit Insurance Corporation Quanzhou Office Address: China Construction Bank Building15th Floor, Fengze Street, Quanzhou, China Postal Code: 362000 Tel: 0595-22 1765438 Fax: 0595-22 1633.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.