Tianjin Branch of China Export & Credit Insurance Corporation Inaugurates Binhai Office
Recently, the inauguration of the Tianjin Branch of China Export Credit Insurance Corporation (Sinosure) was held in TEDA. On the day of the ceremony, the branch signed cooperation agreements with three foreign trade enterprises, with an annual cooperation scale exceeding one billion US dollars. In the future, Sinosure Tianjin Branch will be based in the Yuxiang Area of TEDA, radiating to the whole Binhai City, by expanding the credit insurance coverage of the Binhai New Area, supporting small and medium-sized foreign trade enterprises, assisting the development of the key industrial chain of the Binhai New Area, supporting new business models and service trade development such as cross-border e-commerce, and supporting enterprises to develop overseas markets. These efforts will help enterprises to make good use of policy tools for export credit insurance, and constantly expand diversified international markets.
The China Export & Credit Insurance Corporation (Sinosure) is a policy-oriented insurance organization exclusively supported by the state. Its establishment was aimed at facilitating China's foreign trade and economic cooperation. As the country's sole policy-based insurance entity, Sinosure provides a range of credit risk protection and ancillary services that hold WTO-approved status as effective measures to promote economic trade. Its offerings cater to a diverse set of industries, including but not limited to enterprises engaged in trade exports, overseas engineering contracting, large-scale equipment exports, and overseas investments.
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