China has two organisations providing official export credit support: the China Eximbank, which was established in 1994 and China Export & Credit Insurance Corp (Sinosure), which was established in late 2001. Both are policy-oriented financial institutions under the direct authority of the State Council and both are fully owned by the Chinese government.
Both China Eximbank and Sinosure have the mandate to promote Chinese exports and investments abroad. However, they differ in the services offered: in the case of China Eximbank it is primarily financing, while for Sinosure the focus is on insurance.
