China will Use the Export Credit Insurance to Support Electronic Information Export

10-24-2009

Chief engineer of the Ministry of Industry and Information Technology 2, Zhu Hong Ren said the letter and the Department of Engineering China Export & Credit Insurance Corporation (hereinafter referred to as Sinosure) decided to establish working relationship and coordination mechanisms, to jointly promote the use of export credit insurance policy tools to support the electronic information enterprises export workZhu Hong Ren said, in order to strengthen the underwriting services and business innovation, SINOSURE business institutions must follow the letter of sector development, industrial electronics and information industry, policy-oriented and focus to study electronics and information risk management needs of enterprises actively underwriting, innovative business, a full range of electronic information enterprises do a good job of export credit insurance protection services. SINOSURE various business institutions to support the electronic information enterprises to implement 'market diversification' strategy, through a flexible trade methods, extending the period of credit and other means to help companies expand into emerging markets; the same time, according to a large international operation of electronic information enterprises need to provide medium to long term export credit insurance, overseas investment insurance, leasing and insurance overseas, 'going out' risk protection products to meet the business needs of different areas of credit managementSINOSURE various business institutions and banks will be increased efforts to play a role in the financing of export credit insurance policies to help businesses make an inventory of electronic information accounts receivable and solve financial difficulties, and to explore through the provision of security for banks reasonable risk protection, and lead banks to increase the electronic information enterprises, especially SMEs financial support. Meanwhile, China Credit Insurance business institutions to appropriately adjust the premium rate for electronic information enterprises tilt support. With both positive and promote exports, and uphold the principle of matching rates and risk in meeting the needs of enterprise risk protection under the premise of the integrated use of various means such as product and service portfolio, the scientific determination of premium rates and reduce the burden of enterprisesZhu Hongren said SINOSURE various business institutions to innovation and business types, in order to insure the short-term export credit insurance, electronic information enterprises to provide buyers credit rating, the target market country risk analysis, value-added services, and function as an international Business debt collection professional advantage to help companies to recover debts from overseas, while for software export and service outsourcing, the new export model provides features suited to their credit insurance services to meet the full range of enterprise risk management needs.same time, SINOSURE business institutions must also improve the efficiency of services for electronic information enterprises to provide quality and efficient insurance claims service, SINOSURE reflect the same level customer service system for electronic information enterprises in the priority support, and to play a credit risk management professional advantage, helping enterprises to improve their credit risk management mechanism, enhance credit risk management.