What is CITIC Insurance?

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China Export Credit Insurance Corporation is a state-owned policy insurance company funded by the state to support China's foreign economic and trade development and cooperation. 2. Multinational high-tech industrial group, headquartered at 1997, established in California, USA.

China Export Credit Insurance Corporation

China Xinbao is the abbreviation of China Export Credit Insurance Corporation.

company profile

China Export Credit Insurance Corporation (hereinafter referred to as "China Xinbao") is a state-owned policy insurance company with independent legal personality, which is funded by the state and supports China's foreign economic and trade development and cooperation. It is one of the only two financial institutions in China (the other is PICC) engaged in export credit insurance. It was established on 20065438+0+February 18, and has now been established.

Commercial purpose

The company's business purpose is "to fully support foreign economic development and promote economic growth, employment and balance of payments by providing insurance services for foreign trade and foreign investment cooperation".

Company task

The main task of China Xinbao is to actively cooperate with the national policies on foreign affairs, foreign trade, industry, finance and finance, support 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, support the overseas investment of China enterprises, and provide foreign exchange collection risk protection for enterprises to explore overseas markets.

scope of business

The business scope of China Xinbao includes: medium and long-term export credit insurance business; Overseas investment (leasing) insurance business; Short-term export credit insurance business; Import credit insurance business; Investing in insurance business in China; Domestic credit insurance business; Domestic investment insurance business; Foreign trade, foreign investment and foreign cooperation guarantee business; Domestic guarantee business; Reinsurance business related to credit insurance, investment insurance and guarantee; Insurance fund utilization business; Accounts receivable management, commercial accounts collection and factoring business; Credit risk consulting, rating business and other businesses approved by the state. China Xinbao has also launched an e-commerce platform with multiple service functions-"Xinbaotong" and the "SME Credit Insurance E Plan" insurance system which specially supports the export of SMEs, so that our customers can enjoy faster and more efficient online services.