To encourage more Chinese companies to invest in the region, we've tried our best to provide them with credit insurance service for their project contracting, direct investment and trade overseas. And we share the risk for their foreign exchange collection. So far, our business has covered 49 African countries. Some of them are high-risk ones where most developed countries are unwilling to provide credit insurance service.

What's the advantage of encouraging trade and economic cooperation between China and Africa?

Export credit insurance, with services covering insurance connection, trade and financing, is a part of China's foreign economic and trade policy and directly involved in major cooperation programs. We pay great heed to participating in Sino-African economic and political cooperation, improving our credit insurance services for large cooperative projects and enhancing friendship between China and African countries. The advantages of Sinosure's feature:

Financing insurance service: Our export credit insurance service will help add investment in Sino-African economic and trade cooperation and relieve African countries' loan repayment pressures. We are making efforts to prolong the sustainability of debts, and try to support as many projects as we can with a limited amount of investment. Usually, we accept an eight-year repayment program, but we can extend the period by two more years for major projects.

The lowered cost of financing: The credit level of Sinosure is relevant to the credit of our country. Our insurance service is able to raise the Chinese Government's credit and cut the cost of financing, thereby lowering the cost of financing for relevant projects and relieving the debt burden on the countries involved.

How has your work helped domestic companies to export their products and build their brands worldwide? What achievements have been made so far?

We have enhanced our services to 190 domestic branded companies since 2005. Exports from our 93 branded companies hit $3.18 billion in 2005. And the exports in 2006 from our 97 branded customers reached $4.43 billion, a year-on-year rise of 39 percent. Our efforts include:

Supporting Chinese firms' exports and direct overseas investments: In 2006, exports from domestic branded companies with our short-term insurance services reached $4.19 billion, a year-on-year growth of 52.4 percent. Last year, we made great progress in supporting domestic branded enterprises investing abroad.

Relieving enterprises' capital pressures by financing: In 2006, our financing service provided $340 million for domestic companies' exports. The year also witnessed a robust increase in the need of financing from textile and some other light industries.

Enhancing support to electromechanical branded companies: In 2006, Sinosure served 76 percent of credit insurance business for exports of electromechanical products, raising the credit limit for the industry's buyers by 75 percent.

So far, we have set up a comprehensive credit insurance service system for domestic branded enterprises to make the leap abroad. We are providing flexible rates and varied insurance services, as well as arranging proper claims settlements for our clients. We'll build a risk management chain to offer market risk analysis, give suggestions on risk management and provide insurance services for value-added products. We'll also help domestic enterprises to improve their risk management and set up credit management systems for their targeted customers. We aim to stand by companies willing to go international. We will share the risks and difficulties with them and make contributions to the rapid development of our country's foreign trade and economic cooperation.