The Underwriting Scale of Ningbo Policy-based Export Credit Insurance Accounts for One-twentieth of the Country
- Details
- Category: Governmental News
- Published: Monday, 06 February 2023 15:08
Recently, the only policy-based insurance institution in our city, the Ningbo Branch of China Export and Credit Insurance Corporation, disclosed the report card of stable foreign trade in 2022: policy-based export credit insurance underwriting supported Ningbo's exports of 37.94 billion US dollars, a record high, accounting for 5.1% of the country, 1.6 percentage points higher than the national proportion of Ningbo's exports in the same period; the export penetration rate reached 31.5%, an increase of 2.8 percentage points over the previous year, respectively higher than the national export market. The provincial average was 10.5 and 8.3 percentage points; 7,230 service support enterprises reached a record high, including 4,245 small and micro enterprises, a year-on-year increase of 14.6%.
In 2022, China Export and Credit Insurance Corporation Ningbo Branch will continue to deeply implement the spirit of General Secretary Xi Jinping's important instructions on giving full play to the role of export credit insurance, conscientiously implement the deployment requirements of the municipal party committee and municipal government, anchor goals, act courageously, and strive to promote policy-based export credit insurance to stabilize foreign trade across the cycle, achieve results, and walk ahead.
