source: Bank of China Insurance daily
Author: Fang Wenbin
recently, the Ministry of commerce and China SINOSURE jointly issued the notice on further giving play to the role of export credit insurance and accelerating the high-quality development of Commerce (hereinafter referred to as the notice). The notice puts forward specific requirements for increasing export credit insurance to accurately and effectively support domestic and foreign trade enterprises from six aspects
in terms of promoting the stability and quality improvement of foreign trade and foreign investment, the notice proposes that local competent commercial departments should take short-term export credit insurance as a powerful starting point to stabilize the basic market of foreign trade and foreign investment, pay close attention to the situation of enterprises affected by the epidemic and external environment, do a good job in cross cycle policy design in combination with the situation, improve the ability of counter cycle regulation, make full use of short-term insurance policy tools, and help enterprises restore vitality and enhance vitality
in terms of improving the modernization level of industrial chain supply chain, the notice proposes that local competent commercial departments should strengthen investigation and research, sort out and provide high-quality domestic and foreign-funded enterprises at the core of local industrial chain supply chain, and provide information support for China SINOSURE's accurate support. The business institutions of China SINOSURE support the construction of the "the Belt and Road" project, the transformation and upgrading of foreign contracted projects and the high-quality development of overseas economic and trade cooperation zones, and help enterprises with strength, good reputation and international competitiveness "go global" to participate in the reconstruction of the global industrial chain
in promoting the integrated development of domestic and foreign trade, the notice proposes that local competent commercial departments should pay close attention to the difficulties reflected by enterprises in terms of foreign and domestic demand, provide policy support for enterprises to explore domestic and international markets, and coordinate and solve specific difficulties
in terms of innovating and promoting the development of service trade, the notice points out that local competent commercial departments should take export credit insurance as an important starting point to support local service trade, and promote financial resources to increase support. All business institutions of China SINOSURE shall establish special working mechanisms, strengthen the research and innovation support for the export of service trade, strengthen the innovation and coordination of underwriting mode in key areas, give full play to the leveraging role of insurance policies on financing, and explore and provide all-round support
in terms of expanding policy financing, the notice points out that local competent commercial departments should make good use of the special funds for foreign economic and trade development, give full play to the leveraging role of financial funds, and promote banks, insurance institutions and social capital to increase the support of foreign economic and trade enterprises by means of "government, bank and insurance" cooperation. Guide banks to improve their enthusiasm in carrying out insurance policy financing business. Where conditions permit, we should actively carry out "credit insurance + guarantee" financing, promote policy guarantee institutions at all levels to participate in risk sharing, further optimize the financing guarantee scheme, and reasonably determine the level of interest rate
in terms of improving the service quality and efficiency of small, medium-sized and micro enterprises, the notice points out that local competent commercial departments should timely and deeply understand the outstanding difficulties and financial needs faced by small, medium-sized and micro enterprises, and maintain the continuity and stability of support policies. Encourage qualified places to make good use of "big data" in the form of "order + list", build an information monitoring mechanism for small, medium-sized and micro enterprises and strengthen information sharing. Give full play to the role of local unified security platforms and stabilize the expectations of small, medium-sized and micro enterprises