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Supporting Small Business

  For a long time, SINOSURE has always taken supporting the export of small- and medium-sized enterprises as a priority work, not only for their important role in stabilizing social employment, but also because they are an important group of technological innovation and intelligent manufacturing. Since 2005, SINOSURE has launched two products for SMEs, “Comprehensive Credit Insurance for Small- and Medium-Sized Enterprises” and “Easy Credit Insurance for Small- and Micro-Sized Enterprises”.

  In 2016, SINOSURE provided sercive to 51,000 small- and micro- businesses, representing an increase of 29.7%; with a total insured amount of USD 45.72 billion, a year-on-year growth of 11.7%.

  A Shenzhen company that export printed circuit boards has bought short-term export credit insurance since 2005. During the period of insurance, SINOSURE'S Shenzhen branch provided the company 8 free credit inquires to help it identify overseas customer risks. The export of the company rose from USD 120 thousand in 2014 to USD 900 thousand in 2016.

  A Ningbo company that exports LED lamps and toys, has insured against “Easy Credit Insurance for Small- and Micro-Sized Enterprises” since 2013. In 2014, the company was compensated for USD 80 thousand by SINOSURE, and its export amount reached USD2.6 million. In 2015, its export amount increased to USD 4.9 million. In 2016, its export amounted to $5.9 million.

  A Beijing company that exports breathing mechines, under the support of SINOSURE, has become the third largest breathing mechine sellers in Turkey.

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