The "six guarantees" are: ensuring residents' employment, basic livelihood, market players, food and energy security, industrial chain supply chain stability and grass-roots operation.
Legal basis: Opinions of the General Office of the State Council on further stabilizing foreign trade and foreign investment.
First, give full play to the role of export credit insurance. China Export Credit Insurance Corporation actively protects the risk of order cancellation before shipment under the premise of controllable risks. Before the end of 2020, China Export Credit Insurance Corporation can reasonably change the payment period of short-term insurance or extend the grace period of payment and the period of loss reporting according to the application of foreign trade enterprises. (The Ministry of Finance, the Ministry of Commerce, the China Banking Regulatory Commission and the China Export Credit Insurance Corporation are responsible for the division of responsibilities. )
Second, support local governments to copy or expand the "credit+guarantee" financing model according to local conditions. Encourage qualified places to support government financing guarantee institutions to participate in risk sharing, and give a certain proportion of loan principal beyond the export credit insurance amount. Commercial banks will reasonably determine the loan interest rate under the condition of "credit guarantee+guarantee". (The local people's government, the Ministry of Finance, the Ministry of Commerce, the China Banking Regulatory Commission and the China Export Credit Insurance Corporation shall be responsible for the division of responsibilities. )
Third, provide credit enhancement support for financing of foreign trade enterprises in various ways. Give full play to the role of national financing guarantee funds and local government financing guarantee institutions, participate in foreign trade financing risk sharing, and support and guide various financial institutions to increase financing support for small and micro foreign trade enterprises. (The local people's government, the Ministry of Finance, the Ministry of Commerce, the People's Bank of China and the China Banking Regulatory Commission shall be responsible for the division of responsibilities. Encourage banking institutions to cooperate with foreign trade service platforms with better qualifications, obtain trade-related information and credit evaluation services, optimize the authenticity of trade background, and better serve foreign trade enterprises. (The local people's government, the Ministry of Commerce and the China Banking Regulatory Commission are responsible for the division of responsibilities. )