Construction Of China's Overseas Investment Insurance System

The overseas investment insurance system is an important legal system inprotecting and encouraging native enterprises and individuals to investoverseas. This system was initiated in 1948 in America. Its main purpose is tostrengthen American overseas investment's ability to resist political risks. For itswell effect, this system was adopted by main capital output countries of theworld. While rapid increase of overseas investment in recent years, Chineseoverseas investment insurance system hasn't been build however. Therefore itbecomes an urgent task to build up Chinese overseas investment insurance systemso as to integrate with the world. At the same time, this system is one of importantproblem in field of international investment law today. This paper analyzes theoverseas investment insurance systems puts forward some suggestions aboutconstructing Chinese overseas investment insurance scheme by comparisonmanner. The whole text consists of four sections:The first is an general introduction. At the beginning of this section, itexplains the concept and historical development of the overseas investmentinsurance scheme, and analyzes its legal characteristics, referring the scheme asa state guarantee or government guarantee in nature. Then it states the function ofthe scheme and point out that an overseas investment insurance scheme is theintrinsic requirement of the current situations of China's overseas investmentdevelopment and the necessity of the circumstances that China stands in.In the second section, first, the author introduces and analyzes the overseasinvestment insurance system of USA, Germany, Japan and MIGA. Theintroduction includes the organization of accepting insurance, the qualification ofthe insured and the range of accepting insurance of this system of eachcountry. At the same time the author makes a remark on the differences betweeneach theme.In the third section, the author analyzes the actualities of our national active overseas investment protect legal system and the deficiency of the active legalsystem in practice. The conclusion of this chapter is that it is necessary to build upthe overseas investment insurance system as soon as possible to make up the needof protecting overseas investment.In the last section, the author puts forward advice to the building overseasinvestment insurance system in China. The content of this chapter includes theprinciple of building our overseas investment insurance system, some concretesuggests to designing our system. Otherwise, this chapter suggests improvecircumstance for the scheme to make them exert action to accelerate developmentof Chinese overseas investment.