Increase the precise and effective support of export credit insurance and promote stable and quality improvement of foreign trade!

  

According to the website of the Ministry of Commerce, in order to promote high-level opening to the outside world and promote the interconnection and mutual promotion of domestic and foreign markets, recently, the Ministry of Commerce and China Export Credit Insurance Corporation jointly issued the "Notice on Further Utilizing the Role of Export Credit Insurance and Accelerating the Development of High-Quality Business ".

The notice requires that local commercial authorities, and CITIC Insurance Company’s business organizations, based on the new development stage, implement new development concepts, construct a new development structure, and work closely around the new development structure planning. Adhere to the system concept, strengthen cooperation in total, sub-pair, and number-pair, promote the stable quality of foreign trade and foreign investment, improve the modernization of the industrial chain and supply chain, promote the integrated development of domestic and foreign trade, innovate and promote the development of service trade, and strive to expand insurance policy financing. Improve the service quality of small and medium-sized enterprises, and take countermeasures based on the situation and local actual conditions to increase the correct and effective support for export credit insurance.

The notice emphasizes that all local commercial authorities and CITIC Insurance Company’s business organizations must strengthen their responsibilities, improve organizational guarantees, emphasize work priorities, increase work intensity, innovate work ideas, ensure the effectiveness of policies, and make every effort to build a new development structure.

 
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