CITIC Insurance's limit refers to the upper limit of the value of goods that can be claimed.

Foreign buyers have a quota in China, and this quota will be approved to different entrusting parties. Once the total quota is used up, other entrusting parties will not be granted the quota if they apply for it.

For example: Foreign buyer A was granted a quota of 5 million US dollars by China Sinosure in China. Domestic company B applied for a quota of 1 million from the buyer from China Sinosure, leaving a total quota of 4 million. If other companies apply again, the 4 million will be used.

Redistribute until used up.

China Export and Credit Insurance Corporation China Export and Credit Insurance Corporation, referred to as China Export and Credit Insurance Corporation, is a central financial enterprise and one of China's four policy financial institutions. It is the only policy insurance company in China that undertakes export credit insurance business and is directly under the deputy department of the central government.

level unit.

It was officially opened for operation on December 18, 2001. There are currently 15 functional departments. The business organizations include the head office sales department, 18 branches and 6 business management departments. It has formed a nationwide service network and has one in London, UK.

The representative office has dispatched working groups to Russia, Brazil, South Africa and Dubai.

In 2020, Sinosure's annual underwriting amount was US$704.07 billion. On May 13, 2020, as one of the first proponents, it launched the "Digital Transformation Partnership Action" initiative with the National Development and Reform Commission and other departments.

China Export and Credit Insurance Corporation (Sinosure in English) is the only policy insurance company undertaking export credit insurance business in my country and one of the four policy financial institutions in my country.

It was officially opened for operation on December 18, 2001. The company has a capital of approximately 30 billion. The capital source is the export credit insurance risk fund and is arranged by the national fiscal budget.

Sinosure's business scope includes: medium and long-term export credit insurance business; overseas investment insurance business; short-term export credit insurance business; domestic credit insurance business; credit guarantee business and reinsurance business related to export credit insurance; accounts receivable management, commercial

Export credit insurance services and information consulting services such as debt collection; import credit insurance business; insurance fund utilization business; and other approved businesses.

China Sinosure has also launched the "Sinosuretong" e-commerce platform with multiple service functions and an insurance platform for small, medium and micro enterprises to the market, allowing customers to enjoy faster and more efficient online services.