Guangdong Steps Up Support for Export Credit Insurance to Boost Foreign Trade
10 May 2022
Business Advisory Section, HKTDC Research
According to a circular released by the Department of Commerce of Guangdong Province and the Guangdong branch of the China Export & Credit Insurance Corporation, Guangdong will optimise the role of export credit insurance to assist foreign trade firms in opening up overseas markets and increase their risk protection capabilities. Greater support will be given to micro, small and medium-sized foreign trade firms and efforts will be made to protect key sectors and export products in foreign trade industry chains.
- Mainland China