Xiamen City offer industry insurance to products of the craft and stone industry (4/1/2010)

Financial instruments as a policy of export credit insurance, export enterprises in Xiamen last year worked to address the financial crisis, the insurance market share insurance has played an important role. This year, Xiamen City, the two industries chosen crafts and stone pilot "industry, security system," that is funded by the government, free enterprise for the two industries to provide a basic protection against risk. "Industry insurance" started, more than 30 SMEs in the two sectors to benefit.

TDC expects that, in the first year, industry security system to cover the two sectors of about 500 million U.S. dollars export value, help the two industries to open up markets for SMEs. Security system in the pilot, while the industry this year, Xiamen will continue to promote enterprise system security, encouraging export enterprises, all of its export orders all insured credit insurance. This year, Xiamen City will maintain premium support for enterprise system security policy unchanged 50%, rather than the premium support system the proportion of all insurance companies 30%.

(by China Leiyuan, 4/1/2010)