article 1 the export risk fund is a special fund raised by local governments and used to solve the insurmountable operational difficulties of enterprises caused by international market risks. Article 2 All local specialized foreign trade companies, industry and trade companies and export product production enterprises undertaking export contracting tasks (hereinafter referred to as "export enterprises") shall draw export risk funds according to the provisions of these Measures. Article 3 The main sources of export risk funds and the standards for their withdrawal are as follows:

1. Generally, export enterprises can withdraw .2 ‰ to .5 ‰ of their export sales revenue (converted into RMB), or withdraw them according to a certain proportion of the actual loss reduction and profit increase, with the highest proportion not exceeding 1/3 of the total loss reduction and profit increase;

second, the transfer income of foreign exchange retained by local governments is converted into export risk funds according to a certain proportion.

the specific proportion of extraction (or conversion) shall be stipulated by the local authorities. Article 4 The export risk fund shall be mainly used for:

1. To make up for the losses of export enterprises caused by changes in the international market and exchange rate;

2. make up for the losses incurred by export enterprises in purchasing products with the approval of the people's governments of provinces, autonomous regions, municipalities directly under the central government and cities under separate state planning to protect the production of domestic export products from the impact of large fluctuations in the international market;

3. discount the overstocked loans of export products caused by changes in the international market;

fourth, solve the difficulty of temporary working capital shortage caused by changes in the international market, but pay for the use and return it on time.

the export risk fund shall not be used to cover the general operating losses of export enterprises. Article 5 When the financial and economic departments of provinces, autonomous regions, municipalities directly under the Central Government and cities under separate state planning are specifically responsible for raising, managing and using export risk funds, enterprises shall apply for risk loss compensation, and the risk loss assessment team composed of local financial and economic departments and exporters' chambers of commerce shall be responsible for determining the compensation standard and submitting it to the people's government for approval. Article 6 Export risk funds withdrawn by export enterprises according to regulations shall be handed over to local finance or economic and trade departments in full and on time. Seventh export risk fund deposit interest, as an increase in export risk fund; Losses and interest subsidies incurred shall be treated as export risk reduction funds. Article 8 The export risk fund shall be stored in a special account and used exclusively, and shall not be used for other purposes. Article 9 The export risk fund was exempted from the key construction fund of energy and transportation from 1988 to 1992. Article 1 The establishment of export risk funds in various places will not cause the central government to adjust the contract base. Article 11 The accounting treatment measures for export risk funds shall be issued separately. These Measures shall be implemented as of January 1, 1988, and the Ministry of Finance and the Ministry of Foreign Trade and Economic Cooperation shall be responsible for the interpretation. Local financial departments may formulate detailed rules for implementation according to these measures.