Sinosure and Chinese export credits

(China Economic Net, Beijing, 9 March 2006) From 2004 to 2005, China Export & Credit Insurance Corporation, also known as Sinosure, covered US$34.4 billion in terms of insured amount, with business doubing on a year-on-year basis for two successive years. Coordinating actively with national industrial and foreign trade policies, export credit insurance has determined key industry sectors to support, worked out plans for the export of high-tech products and products with independent national brands, and developed insurance products for the comprehensive assurance of SMEs.