A few days ago, taking advantage of the introduction of Pinghu's foreign trade support policy, the Pinghu Children's Car Industry Association actively communicated and negotiated with the city's Foreign Economic and Trade Bureau, China Export Credit Insurance Corporation Jiaxing Office and members of the association, and finally determined the overall alliance of the Pinghu baby car industry. Insured, China Export Credit Insurance Corporation will give preferential rates, and at the same time, Pinghu Foreign Trade and Economic Cooperation Bureau will give far higher foreign trade special fund policy support to general enterprises, helping children's carriage export enterprises to obtain export credit insurance support at a very low cost.

Pinghu children's vehicle industry exports accounted for more than 90%, and the degree of export-oriented is extremely high. Leading enterprises have a certain proportion of self-export, while small and medium-sized enterprises export through foreign trade companies. In the export market of Pinghu baby carriages, underdeveloped countries account for a relatively high proportion, and export risks vary. In terms of export methods, there are various settlement methods, and the qualifications of customers vary. At the same time, many companies in the children's vehicle industry in Pinghu need to strengthen their own management capabilities. In terms of customer management and accounts receivable management, they lack an effective management mechanism, which has brought great risks and hidden dangers.

Since the financial crisis, export credit insurance, an internationally accepted management tool for export accounts receivable, has received great attention in Pinghu, but only one company in the baby carriage industry has purchased it. Export credit insurance not only helps enterprises to obtain risk protection for export receipts, but also helps export enterprises improve their risk management capabilities and enhance their trade competitiveness. It is an internationally accepted means of promoting trade.

The joint purchase of export credit insurance for the children's vehicle industry in Pinghu is another example of industry associations actively seeking policy support for industry companies. The industry association has set certain conditions for participating in the insurance. One is the member enterprises of the association, and the other is self-operated export. The purpose is to encourage enterprises to take a step forward and boldly export directly. Through export credit insurance, children's car companies can obtain compensation when they fail to receive foreign trade accounts receivable, and can also use the guidance of export credit insurance to conduct credit investigations on their overseas customers, improve the management level of accounts receivable, and purchase insurance On the basis of export credit insurance, it has obtained bank trade financing support and broadened financing channels, which can be said to serve multiple purposes. This work has been valued and supported by member companies of the association, and the vast majority of companies have actively participated in the insurance and achieved the expected goals.