Study On Development Strategy Of SD Export Credit Insurance Corporation

Export credit insurance is a kind of policy-based financial insurance business provided by the national finance with risk guarantee fund to support the national export and protect the interests of the national exporters.With the process of economic globalization and the acceleration of China’s foreign trade development,as well as the formulation and implementation of major strategies of the country such as "go out" and "One Belt And One Road".More and more enterprises in our country begin to go to the international market.At the same time,export enterprises are also faced with the rise of international trade protectionism,sluggish world economic growth and other complex international economic environment and fierce international competition in the same industry.Since the financial crisis,the global value chain has suffered a significant impact,The path of economic globalization has undergone profound changes.New growth drivers and models are yet to emerge.International trade and investment have reached a low point rarely seen in history.International trade frictions are escalating and intensifying.The real economy,represented by developed countries,is deteriorating,and the tendency to build international trade barriers is gradually emerging.Therefore,export credit insurance,as one of the three policy tools to support export of enterprises,actively supports export enterprises to explore the international market while giving full play to the national economic function of stabilizing external demand,adjusting structure and promoting the economic cycle of foreign trade.The party central committee and the state council attach great importance to the development of China’s export credit insurance.Approved by the state council in 2001.SD export credit insurance company,A policy-based insurance institution with independent legal person status is funded and established by the central finance.This marks the beginning of the development of export credit insurance in China.Up to now,it has provided more than 10 billion US dollars of insurance for more than 100 large and medium-sized enterprises in SD province in cross-border trade,and has helped export enterprises enjoy financing facilities of more than 10 billion RMB.SD export credit insurance company,it plays an important role in protecting the interests of export enterprises during several financial crises experienced by export enterprises in SD province,,it will continue to serve as an important financial means for foreign and foreign trade policies of the SD provincial government to protect export enterprises in the future.At the same time,under the new historical background,facing the opening of the short-term insurance market and the increasingly fierce competition,the SD branch must also realize that it should attach more importance to its own strategic development planning while exercising its national mission.Therefore,The significance of the research is how to start from the internal of the branch company and take into account the national foreign trade development strategy requirements and the overall situation of SD province’s foreign trade.To formulate development strategies that meet the development needs of the province’s foreign trade,demonstrate the will of the country and better fit the national strategy,so as to cope with the complex international situation and the continuous development of new international trade formats,better serve the province’s export enterprises,continue to maintain the main channel status of the industry,and realize their own leapfrog development.