Beijing, January 18 In 2020, China Export Credit Insurance Corporation's annual underwriting amount reached 700.07 Billion U.S. Dollars. It is a massive increase of 15.5%, with nearly 147,000 insured exporters providing a strong guarantee for enterprises to resume work and reach production capacity to stabilize foreign trade affected by the COVID-19 Pandemic.
China Credit Insurance also launched a number of inclusive financial policies and measures, covering various aspects such as underwriting, claims, and financing. In 2020, China SINOSURE served 116,000 small and micro enterprises and paid them nearly US$120 million in compensation.