In the first five months of 2021, China Export & Credit Insurance Corporation increased its support to the real economy, achieving a cumulative underwriting amount of US$314.63 billion, an increase of 28.0% year-on-year; serving 139,000 customers, an increase of 16.3% year-on-year, and accumulatively paying customers 5.3 indemnities One hundred million U.S. dollars.
In the first five months, Sinosure supported exports and investment of US$60.89 billion to countries along the “Belt and Road”, an increase of 24.9% year-on-year; it supported exports of small and micro enterprises to US$42.39 billion and nearly 111,000 service companies; and supported domestic trade of 204.23 billion yuan. , A year-on-year increase of 45.2%; supporting corporate financing of 108.91 billion yuan, a year-on-year increase of 13.8%. The coverage of export credit insurance was further expanded.
China Export Credit Insurance Corporation is a state-owned policy insurance company funded by the state to support China's foreign economic and trade development and cooperation. It promotes foreign economic and trade development and balance of payments by providing insurance services for foreign trade and foreign investment cooperation.
(Source: People's Daily Overseas Edition original title: China Credit Insurance has underwritten a total of US$314.63 billion in the previous five months)
