The hottest global economic crisis has increased t

The global economic crisis has increased the risk of enterprises' export collection of foreign exchange

the global economic crisis has increased the risk of enterprises' export collection of foreign exchange

China Construction machinery information

Guide: since this year, affected by the expansion of the impact of the U.S. subprime mortgage crisis and the shrinking demand in the international market, China's enterprises have faced significantly increased the risk of export collection of foreign exchange, with importers defaulting on loans, export enterprises increasing bad debts Export loss reporting cases increased rapidly. As the director of foreign trade in China

since the beginning of this year, due to the great improvement of Americans' living standards, the expansion of the impact of the subprime mortgage crisis and the shrinking demand in the international market, Chinese enterprises have faced significantly increased risks of export foreign exchange collection. In some regions, importers have defaulted on payments, export enterprises have increased bad debts, and export loss reporting cases have increased rapidly

as the competent department of foreign trade in China, the Ministry of Commerce recently issued four measures to put forward requirements and suggestions to local competent departments of Commerce, business associations and enterprises, and strive to work together to ensure the safety of export collection of enterprises

strengthen the awareness of risk prevention of export collection. Require local business departments to strengthen the tracking and analysis of the export collection risks of local enterprises, and timely report the important situations in the collection risks; Do a good job in information disclosure, risk warning and other publicity and guidance, focus on revealing and disclosing the major policy adjustments of the main export target markets in the region, economic and financial environment changes and other early warning information, and remind enterprises to pay attention to the changes in foreign exchange collection risks

cooperate with multiple parties to increase support for preventing the risk of foreign exchange collection. Require local business systems to hold various types of training courses to help enterprises fully understand the trend of national risks, master the tools and methods of foreign trade risk prevention and control, and improve the level of enterprise credit management; Increase the publicity of major enterprises around the world on export credit insurance and other credit instruments, encourage enterprises to actively participate in insurance, kerstan explained, and vigorously promote risk prevention tools

strengthen management and improve the ability to prevent export collection risks. It is suggested that foreign trade enterprises strengthen the management of export contracts, improve the terms of responsibility and rights of contracts, strictly perform contracts, and avoid the other party's refusal to pay for goods on the grounds of non-compliance with the contract. Strengthen the understanding of the credit of foreign customers, and timely grasp the dynamic information of their business credit and debt repayment ability for old customers; For new customers, the credit management company can be used to investigate the customer's credit, so as to avoid blindly signing and exporting. As far as possible, letters of credit, bank guarantees and other excellent papers based on bank letters will be recommended to the regular issue of Chinese Core Journals "China Plastics" and "utilization of engineering plastics" or the English journal "Journal of Polymer Engineering" as a safe and secure way of trade settlement, and the payment for goods will be settled in a timely manner. Once it is found that the foreign party has deliberately defaulted, appropriate measures should be taken to avoid losses. We should actively use export credit insurance and other hedging tools to ensure the safety of export collection

actively respond to protect the legitimate rights and interests of enterprises in export collection. The local business departments are required to help enterprises take appropriate measures to resolve economic and trade disputes and reduce losses through active consultation with overseas intermediary organizations