What is the English abbreviation of China Export Credit Insurance Corporation?

The abbreviation of China Export Credit Insurance Corporation is Sinosure. China Export Credit Insurance Corporation is the only policy insurance company in China that undertakes export credit insurance business. It officially opened on 200 1 12 18.

Its business scope includes medium and long-term export credit insurance business; Overseas investment insurance business; Short-term export credit insurance business; Domestic credit insurance business; Credit guarantee business and reinsurance business related to export credit insurance; Export credit insurance services and information consulting services such as accounts receivable management and commercial accounts collection; Import credit insurance business;

Insurance fund utilization business; Other approved businesses. China Xinbao has also introduced Xinbaotong e-commerce platform and SME insurance platform with multiple service functions to the market, so that our customers can enjoy faster and more efficient online services.

Extended data:

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, provide foreign exchange risk protection for enterprises to explore overseas markets, and provide fast and perfect services such as export financing, information consultation and accounts receivable management for foreign trade enterprises.

China's credit insurance includes national risk and buyer's risk. National risks include foreign exchange collection control, government expropriation, nationalization and war in the buyer's country; Buyer's risk includes buyer's credit risk (default on payment, refusal to pay for goods and bankruptcy, etc.). ) and the buyer's bank risk (the risk of the issuing bank or the confirming bank).

Baidu Encyclopedia-China Export Credit Insurance Corporation