Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Company

Chinese export insurance company registers steady business growth

July 29, 2022


Abstract : China's only policy-oriented insurer specializing in export credit insurance reported steady business growth in the first half of 2022.

A JSQ freight vehicle of China Railway Special Cargo Logistics Co., Ltd. is about to leave Yuzui Station in southwest China's Chongqing, July 21, 2022. (Xinhua/Tang Yi)

BEIJING, July 28 (Xinhua) -- China's only policy-oriented insurer specializing in export credit insurance reported steady business growth in the first half of 2022.

The China Export & Credit Insurance Corporation, also known as SINOSURE, had underwritten about 445.13 billion U.S. dollars worth of insured businesses during the period, up 11.8 percent year on year, according to the company.

SINOSURE served nearly 164,000 clients in the first six months, a yearly increase of 15.2 percent, said the company.

The company said it will make additional efforts to tide enterprises over difficulties and improve its digital services in the second half of the year, giving full play to its role in supporting exports and the Belt and Road Initiative.

SINOSURE is a state-funded and policy-oriented insurance company aimed at promoting China's foreign economic and trade development and cooperation. It was officially launched and put into operation in 2001, and its service network now covers the whole country.

Scan the QR code and push it to your mobile phone

Keyword: SINOSURE

Reading:

China Focus: China adopts targeted measures to bolster foreign trade growth

Sinosure scales up financial support for green industries

SINOSURE's Shenzhen branch supports exports worth 18.6 bln USD to B&R countries since 2020

Chinese export insurance company reports steady business growth

Chinese export insurance company reports steady business growth in Q1

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial