Xu Fuxing, Deputy General Manager of China Export & Credit Insurance Corporation, delivered a speech.

Xu Fuxing pointed out that China Export & Credit Insurance Corporation had realized the growth rate of annual underwriting value of up to 70% since its foundation in December 2001; it ranked 8th in the world last year; up to now, it had granted the support worth of $ 112.1 billion to domestic and foreign trade and investment, provided risk guarantee service to thousands of enterprises, realized the annual combined ratio of over 90%, collected the overseas payment in arrears worth of over $ 300 million for enterprises, cooperated with over 70 banks, provided financing service for enterprises, established a databank with the information of over 6 million domestic and foreign enterprises and provided the national risk reports of 691 countries; our goal during the "Eleventh Five-Year Plan" was to make China Export & Credit Insurance Corporation rank 7th in 2009, 6th in 2010 and the 3rd (the same ranking with the foreign trade of China in the world) as soon as possible; with the support of the Ministry of Commerce and the cooperation of relevant departments, China Export & Credit Insurance Corporation was improving the risk-resisting ability of Chinese enterprises continuously and contributing to the sound and rapid development of economic trade on the basis of improving our own capabilities.