Research On Our Country's Export Credit Insurance

Whether it is a developed country or a developing country,to some extent it takes various preferential measures that help export companies protect against risk ,low cost and obtain finance so as to develop foreign trade.As a policy tool accepted by international rules.at present export credit insurance(ECI) provides economic security to the export and foreign investment of enterprises,aiming at enlarging trade volume and exploiting overseas markets.ECI insures against overseas commercial risks and political risks to compensate for the loss of payment risks.In the meantime,enterprises can get convenient finance by ECI.With the overwhelming increase of our foreign trade and establishment of the country with great trade volume,our foreign trade's interior mechanism and international competition situation change deeply.In the course of making china trade power,our ECA should actively cooperate with trade policies of Market Diversification,Reinvigorating Trade by Science and Technology as well as Go Abroad ,furthering the adjust of trade mode,goods structure and export market structure,comprehensively supporting our enterprises to go abroad and use"two markets,two resources"in order to speed up trade power's building.Meanwhile we fully exert ECI's function to support the smooth implement of our strategies,in the policies on diplomacy,industry,fiscal,finance,and"Issues Concerning Agriculture, Countryside And Farmers"and so forth. Compared with developed countries, because our ECI is at primary stage,many problems will be solved by the government,enterprises and export credit agency(ECA). The center of this paper is roughly divided for the following parts: The first part with the overview of ECI introduces its concept ,character,main function.sort,ECI's credit quota and management model;The second part comparatively analyzes similarities and differences as well as advantages and disadvantages among ECI,commercial insurance,forfaiting,international factoring andletter of credit;The third part introduces the development of ECI in various countries,focusing on our ECI's development from the processes of development,class of business and policy-related function.Meanwhile it points out the existing problems.The last puts forward countermeasures speeding up our ECI's development from four aspects.