BEIJING, June 5 (Xinhua) – China’s only export-oriented credit insurance policy-oriented insurance company recorded steady business growth during the first five months of 2021.
China Export & Credit Insurance Corporation, or SINOSURE, served nearly 139,000 customers during the January-May period, up 16.3% year-on-year.
During the period, the company underwrote about 314.63 million US dollars in insured companies, 28% more than the previous year.
SINOSURE is a state-funded and policy-oriented insurance company that promotes development and foreign economic and trade cooperation in China. It was officially launched and put into operation in 2001 and its service network now covers the whole country.