Money

    More Chinese firms adopting credit insurance: survey

    (Xinhua)
    Updated: 2011-02-25 15:44
    Large Medium Small

    SINGAPORE - An increasing number of Chinese firms are adopting credit insurance as a tool to manage credit risk despite experiencing less overdue payment over the recent years, a latest survey has found.

    The results of the survey conducted by international credit insurance company Coface and released on Thursday showed that 67.4 percent of the respondent companies experienced overdue payment in domestic sales last year, down from 72 percent in 2009 and 91.2 percent in 2008.

    Only 6.2 percent of respondent companies experienced payment overdue for more than 120 days in 2010, down from 13.2 percent in 2009.

    Related readings:
    More Chinese firms adopting credit insurance: survey CBRC warns banks against credit risks
    More Chinese firms adopting credit insurance: survey Shanghai warns banks of risky property loans
    More Chinese firms adopting credit insurance: survey Banks told to be cautious with external credit ratings
    More Chinese firms adopting credit insurance: survey 
    Huijin to inject 88b yuan in Exim Bank, Sinosure

    Christophe Souquet, regional risk director for Asia Pacific, attributed the improving payment overdue situation to strong domestic consumption and government stimulus.

    Nevertheless, about 85.4 percent of the surveyed companies have put in place procedures to manage their credit risk last year.

    Credit insurance is also getting popular, with 42.3 percent adopting the tool last year, up from 32.3 percent in 2009.

    The survey also found that 53 percent of the companies increased credit sales due to keen competition in the domestic market. Among them, 44.6 percent increased credit sales to penetrate new domestic markets last year, up from 31.7 percent in 2009.

    However, the companies were found to be not so confident in further improvement of payment behaviour. About 41.4 percent said they expected it to take more than three years for the overdue situation to improve.

    Souquet said at the briefing in Singapore that he expected the tightening coming ahead to have an impact on the overdue situation in China but nevertheless added that the situation would continue to improve as the economy remained strong.

    The survey was conducted from October to December last year and covered 1,071 companies of all sizes in various industrial sectors in China.

    分享按鈕
    亚洲AV无码乱码在线观看牲色| 亚洲AV中文无码乱人伦下载 | 亚洲VA中文字幕无码毛片| 中文字幕av无码一区二区三区电影| 亚洲?v无码国产在丝袜线观看| 亚洲AV无码一区二区乱子伦| 最好看最新的中文字幕免费| 亚洲gv天堂无码男同在线观看| 精品无码国产自产拍在线观看| 无码福利一区二区三区| 国产乱码精品一区二区三区中文| 国产羞羞的视频在线观看 国产一级无码视频在线| 内射人妻少妇无码一本一道| 婷婷中文娱乐网开心| 中文字幕无码av激情不卡久久| 国产成人无码精品一区二区三区| 超清无码无卡中文字幕| 制服在线无码专区| 熟妇人妻中文av无码| 无码av人妻一区二区三区四区| 中文在线√天堂| 中文字幕天天躁日日躁狠狠躁免费| 亚洲成a人在线看天堂无码 | 中文字幕无码高清晰| 精品亚洲成α人无码成α在线观看| 人妻少妇偷人精品无码| 水蜜桃av无码一区二区| 亚洲av无码一区二区三区不卡| 中文字幕乱妇无码AV在线| 国产成人无码区免费内射一片色欲 | 精品人妻系列无码一区二区三区| 2022中文字字幕久亚洲| 日韩人妻无码中文字幕视频| 中文字幕丰满乱子伦无码专区| 色吊丝中文字幕| 无码中文字幕av免费放dvd| 日本aⅴ精品中文字幕| 欧美中文字幕在线| 91天日语中文字幕在线观看 | 成人午夜精品无码区久久| 亚欧免费无码aⅴ在线观看|