Analysis To Financing Through Pattern Of Export Credit Insurance By Chinese Small & Medium Enterprises

Chinese small & medium enterprises have been becoming important power in national economic and playing an major role in making economics stable ,absorbing employment ,earning foreign exchange by export and serving the security under the background of the Open Policy deeply developed and joining WTO. The contribution rate of small & medium enterprises has risen. However, at the same time, small & medium enterprises have faced lots of difficulties, such as talents, technology especially the shortage of funds. These matters seriously hinder development of the enterprises. It's too difficult to get the bank loan for the small & medium enterprises. Financing difficulty has become the'bottleneck'at present. For small & medium enterprises, loan is still the main channel of financing.Under such conditions, for the enterprises, how to find an effective method to finance? Export credit insurance is a way out. This paper will study both theory and practice of export credit insurance.Export credit insurance is business innovation in trade financing. It supplies small & medium enterprise with safe receipt of foreign exchange and financing support. Short-term export credit insurance expands business space for small & medium enterprises and develops their business.Export credit insurance is also confronting many matters that hinder its development. Analysis to these matters and resolving methods is included further.