Sinosure aids exports worth US$12bn

China Export and Credit Insurance Corporation (Sinosure), the country's sole export credit agency, has underwritten a total of US$12bn worth of exports from January to November.

Private SMEs enter fast-growth period

China's private small-and medium-sized enterprises (SMEs) have entered a period of fast growth. From 2000 to 2004, the nation saw 44,989 newly emerged such firms, or 34.8 per cent of all enterprises surveyed.

Shanghai banks urged to support SME development

The Shanghai Bureau of the China Banking Regulatory Commission has urged commercial banks and rural credit cooperatives in the city to support the development of three kinds of small- and medium-sized enterprises (SMEs).

Sinosure raises insurance premium

China's small-and medium-sized enterprises (SMEs) exporters are expected to have lower business risks in 2005, as the nation's sole export credit agency vowed to lift the insurance cover by some US$8bn.

US$100bn bill looms for unpaid exports

Mainland manufacturers' determination to succeed in export markets, even at the price of accepting late payments and weak credit guarantees, has saddled them with a worrying new problem - uncollectible debts.