According to statistics, in the first half of this year, China Credit Insurance received 963 export credit insurance claims nationwide, amounting to US$234 million, a year-on-year increase of 108%. Among them, 202 cases were reported in the United States, up 31.2% year-on-year. 235.6%, accounting for 44.8% of the total amount of reported losses; arrears accounted for 84% of the total amount of reported losses, the buyer's default has become the most important cause of the risk of foreign exchange collection. At the same time, despite the significant increase in export costs in the first half of this year, the enthusiasm of enterprises for insurance has increased significantly. The insured amount of the top ten policyholders of CITIC Insurance Shanghai Branch increased by 25.76% year-on-year, of which the textile insurance insured amount increased by 29.02% (while textile exports only increased by 7.66%). Credit insurance is a guarantee provided by the insurer for the creditor (seller) in the trade to circumvent the loss caused by the debtor (buyer) in the trade who is unable to repay the debt or because it is recognized as a “political” event. According to reports, in the first half of this year, CITIC Insurance Shanghai Branch has shared some of the losses caused by the subprime mortgage crisis. For example, a hardware manufacturing company in Shanghai has recently received a claim for a claim that the Italian buyer did not pay the purchase price of $755,000. An international trading company in Shanghai is also investigating and approving the US buyer’s claim for arrears of $1.48 million. Increasing export risk of export receivables, so that more and more export enterprises take the initiative to incorporate CITIC Insurance's “buyer credit analysis report” and “credit quota approval result” into the internal customer relationship management process as a business management decision. Basis. According to experts' analysis, this is because under the current situation of rising labor costs, rising CPI, depreciation of the US dollar, and the downward pressure on the price of China's export products, trade companies must adopt “flexible payment methods and trading methods” to compensate for the gradual reduction. The export advantage enhances overseas competitiveness.