Government Covers Export Credit Insurance for SMEs

On July 30, 2018, Xiangtan held a policy briefing on the municipal government’s unified platform for export credit insurance for small and micro enterprises at Huayin Hotel. The initiative enables the government to underwrite export credit insurance, helping local exporters mitigate payment and political risks in overseas markets and reduce financing pressure. Hunan Zhenhua Analytical Instruments Co., Ltd. attended the session as a representative of Xiangtan’s instrumentation exporters. The briefing introduced how eligible exporters can access the platform, the scope of risk coverage, and the application process, aiming to strengthen the city’s export resilience and support stable growth in foreign trade.