The Consideration On Export Credit Insurance Boosting The Development Of Export Enterprises

Since China joined the world trade organization,China's foreign trade has developed rapidly,International trade remains an important pillar of our economy.However,the current international economic weakness is weak,The trading environment is complex and changeable,Especially since the financial crisis erupted in 2008,International demand is flagging,credit environment is deteriorating,Trade protectionism is on the rise,The political risks and commercial risks of Chinese export enterprises are increasingly prominent.In the process of expanding overseas markets,Export enterprises,especially small and medium-sized export enterprises,are limited by their own capital shortage and low risk management level,Make it often "afraid to receive order,or can not receive order ",Thus,valuable trade opportunities are lost in the international market.Export credit insurance as a policy financial instrument to support trade export,It not only provides risk guarantee for export enterprises to participate in international trade,It can also provide risk consulting services,help export enterprises expand international markets,obtain low-cost trade financing and provide flexible settlement methods.It fully shows the boost of export credit insurance to export enterprises.Although our country export credit insurance has been able to advance by leaps and bounds since the financial crisis,But there are still many problems in its development.such as export enterprise insurance consciousness is weak,business operation is not standard;The export credit insurance company has insufficient publicity,insufficient attention to small and medium enterprises,high Insurance rates and long insurance period;In the export credit insurance financing business,Banks have the risk identification problem and the frequent occurrence of false trade financing cases;Export credit insurance lacks corresponding legal guarantee and perfect supervision system.Therefore,it is of practical significance to explore an export credit insurance operating mechanism suitable for China's current national conditions and export enterprises.This paper is supported by theories of financial market defect,externality theory,policy intervention theory and export legalization theory,The reasons of effective demand and effective supply of export credit insurance are analyzed emphatically.Then,on the macro level,the development status of export trade and export credit insurance in NingBo is analyzed.At the same time,on the micro level,the financial analysis method was used to compare the changes of overseas market expansion before and after the use of export credit insurance by enterprise A.The results show that export credit insurance plays an important role in promoting the development of China's trade export and export enterprises.Finally,based on the investigation of the ningbo branch of China xinbao,this paper points out the problems existing in the practice of export credit insurance and puts forward some pertinent Suggestions.The above ideas form the concrete structure and content of the paper as follows.The first part introduces the research background and significance of export credit insurance,And then the theory of export credit insurance is expounded.The second part analyzes the effect of export credit insurance on the development of export enterprises,The paper makes an in-depth analysis from five angles of loss compensation,risk consulting,expand international market,export credit insurance financing business and Provide flexible international trade settlement.The third part analyzes the development situation of export trade in NingBo,Secondly,the development status of export credit insurance in NingBo city is analyzed.The fourth part is based on researching the development process of A company A enterprise,using financial analysis,To insure the export credit insurance of A company as the time point,by comparing and analyzing the changes of overseas business expansion before and after the company is insured,The positive effect of export credit insurance on promoting enterprise trade export is analyzed empirically.The fifth part discusses the factors that restrict the development of export credit insurance from four aspects: export enterprises,credit insurance companies,Banks and governments,These constraints are both external export enterprise risk management level is low,the lack of export credit insurance financing business vitality,the lack of government functions,have inside the corporation management mechanism is not perfect.Article finally based on the above factors,this paper puts forward to strengthen enterprise's export business management and strengthening awareness of risk,to reduce the insurance premium rate and expand the scope of business services,correct understanding of export credit insurance financing risk,strengthen the export credit insurance financing business process management and improve the export credit insurance regulations and increase financial support for advice.