Research On Problems Of Short-term Export Credit Insurance Market

As a financial policy, export credit insurance plays a significant role in promoting thedevelopment of national export trade. The development of Chinese export credit insurancebegan in1988and when compared to the history of export credit insurance, Chineserelated history is short and undeveloped. From2001to2013, Chinese export creditinsurance has been run by China Export&Credit Insurance Corporation which is amonopoly and it has a kind of strong policy. On one hand, in the more than10years’operation of short-term export credit insurance, the drawbacks appear gradually and hinderthe development to some extent. On the other hand, from the foreign operating experienceof short-term export credit insurance, it is obviously that marketization of operation hasmany advantages. At the beginning of2013, the monopoly has been broken. As we are inthe beginning of marketization of short-term export credit insurance, it is necessary to givemuch more research on it. This article includes five parts.The first part is an introduction. It states the background and significance of the study,and details reviews of the relevant literatures at home and abroad. On the basis above, thispart summarizes the research methods and content and finally exhibits the innovations andshortcomings of this paper.The second part analyzes the product characteristics of the short-term export creditinsurance and gives a theoretical analysis of its marketization of operation. In order to gainthe feasibility of the marketization, this part uses the market-oriented features to highlightthat the short-term export credit insurance accords with the related requirements. And atlast, it takes the advantages of the short-term export credit insurance to highlight thenecessity of the marketization.The third part is about the current situation of marketization of Chinese short-termexport credit insurance. By reviewing the history of our export credit insurance, itexpresses the related current situation of operation and appears the new and old problems.And then, it leads to the fourth part which talks about the referring to foreign experience.The fourth part undertakes the third part. It analyzes the historical experience offoreign short-term export credit insurance marketization. The selected countries are theBritish, France and Japan which are all representative. In this part, we find thecharacteristics of the marketization which is enlightening.The fifth part bases on the basis above. It designs the steps and policy suggestionsabout the short-term export credit insurance. Besides, it locates the government and othersubjects.