The Guangdong Branch of China Export & Credit Insurance Corporation (Sinosure) has signed an important deal with the Hong Kong Export Credit Insurance Corporation (HKECIC). This agreement aims to improve export credit insurance services for businesses in Guangdong and Hong Kong.
The goal is to promote these insurance services and help companies in both regions access useful policies and financial resources in the Greater Bay Area. This support will make it easier for businesses to grow and trade more effectively.
HKECIC will help Hong Kong exporters by increasing its ability to support major export companies in Guangdong that buy from Hong Kong. At the same time, Sinosure's Guangdong and Shenzhen branches will provide insurance services to Hong Kong companies, helping them expand both internationally and within China.
This partnership is a big step forward in supporting trade and business growth in the Greater Bay Area.
Source:
https://www.thestandard.com.hk/section-news/section/50019697/262974/HKECIC-signs-Guangdong-pact