Research On The Role Of Export Credit Insurance In Promoting The International Market Development Of China 's Engineering Contracting Enterprises

Export credit insurance is governments to enhance the international competitiveness of domestic products and promote the country’s foreign investment, foreign trade and other means to protect the safety of domestic enterprises foreign exchange credit and bank security is to promote economic development in the state’s financial backing, a policy of support measures for enterprises to provide risk protection in the export trade, foreign investment, foreign project contracting and other economic activities, belonging to non-profit insurance business, a market economy is the government’s indirect control means and additions. Support export policy tools to allow the(WTO) Agreement on Subsidies and Countervailing principles are also WTO.In 2001, China’s export credit insurance company, as China’s accession to WTO, one of the supporting bodies(referred to as "China Credit Insurance") is formally established. As the country’s only state-owned policy-oriented financial institutions operating policies of export credit insurance business, in accordance with national diplomacy, trade, industry, finance, banking and other policies, as a positive advantage, providing market development for our business, risk protection, and so on Financing for service, more effectively promote and support the development of Chinese export-oriented economy. Export credit insurance policy during this period received a leapfrog development, has become an important financial tool to support foreign economic and trade development.The current our country has developed into the world’s largest exporter and second largest importer, as the world economic integration and the deepening of globalization, under the impetus of the "area" national strategy, more and more enterprises begin to "go out". Especially large state-owned enterprises in the project contract. International engineering contracting business is "labor-intensive" such as buildings, DAMS, and the stadium and "technology, capital intensive," such as desalination, communication, aviation, infrastructure industries, such as transfer advantage of China’s capacity to play an active role in promoting. Project contracting enterprises in "going out", however, when there is political instability project-host country, a lot of project mat endowment, enterprise financing difficulty of asset-liability ratio is higher, project implementation cycle risk problem has restricted the development of enterprise.This article briefly describes the background, purpose and significance, research status of export credit insurance, research methods and ideas, as well as the main content and framework of this thesis research. Second, the basic elements of the definition of export credit insurance, as well as the role of international project contracting, foreign investment and other aspects were reviewed. Then through the problem of domestic large-scale engineering contracting business A company encountered when developing the African market, analyzing risk contracting industry when facing international markets. Explore the use of engineering contractors and export credit insurance this tool. How to solve engineering contracting enterprises "going out" political risk and commercial risk process may face through export credit insurance, and how to optimize the financing structure, financing rare crack problem. So as to enhance business in the international engineering contracting market competitiveness and influence.