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EXPORT CREDIT GUARANTEE SETTLED IN SHENZHEN FORMALLY


AsiaInfo Services

04-29-2002

Export Credit Guarantee Settled in Shenzhen Formally

SHENZHEN, Apr 29, 2002 (AsiaPort via COMTEX) -- It was reported that 90 credit guarantee slips of effective export were signed in Shenzhen, which supported export of 0.1 billion dollars (0.3% of whole city's export volume). Experts pointed out that credit guarantee for export was an important method of encouraging export. In the beginning period of entering the China market, foreign companies,such as Motorola, Arcata and LG, all had been supported by their own country's credit g

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