On the afternoon of Nov. 26th, the Shandong Merchants’ Era – 2015 China Foreign Trade Season News Conference for Jinan Credit Insurance Ceiling Increase jointly organized by the Shizhong District Bureau of Commerce, Alibaba One Touch Business Services Co. Ltd. and Jinan Huachen Industrial Co., Ltd. was held in the conference room on Floor 6 of Jihua Mansion.

Faced with the serious situation of foreign trade in the whole province, to better promote the development of foreign trade enterprises, the Provincial Department of Finance granted RMB 30 million to the foreign trade enterprises in Shandong for establishing a risk guarantee pool, and provided credit insurance. It raised the credit insurance ceiling by USD 30,000~150,000 for each foreign trade enterprise, helping each enterprise to reach foreign orders in an efficient, safe and convenient way while providing credit insurance.

Xu Yunkun, director of the Department of Foreign Trade Development, Jinan Municipal Bureau of Commerce, interpreted the foreign trade policies of Jinan. Sun Jinyuan, General Manager of Jinan OMNI CNC Technology Co., Ltd., Cheng Tao, supervisor of Alibaba Jinan Branch, and Fang Dongbo, senior expert of credit guarantee trading business in the Department of Cross-border Business, Alibaba, respectively gave a speech on how to utilize credit insurance to achieve the best partners of the team, and to assist in a full range of credit guarantee for the foreign trade, government and Alibaba Group in Jinan. Over 300 enterprises including Jinan OMNI CNC Technology Co., Ltd. – partner of Alibaba, attended the conference. (Zhang Linwang & Wang Wei, Shizhong District Bureau of Commerce)