Sinosure Y Branch Supports China’s Foreign Overseas Contracted Projects Financing Research

China is experiencing a period of rapid growth in its external development.Under the "One Belt and One Road" strategic background and Africa’s "Three Networks and One Urbanization" and the new situation of the economic corridor between Bangladesh,China,and India,Chinese contractors of overseas contracting projects have ushered in new development opportunities.In the process of “going global”,the contractors of overseas contracting projects often face uncertain political risks,commercial risks,and financing difficulties.The traditional financing model can no longer meet the financing needs of overseas contracting projects.Export credit insurance provides new financing methods and effectively circumvents the political and commercial risks facing the contractors.In the process of “going global” for service companies,the use of export credit insurance policies can help companies explore the international market,avoid the business risks and political risks that enterprises face,and at the same time effectively help companies solve financing problems.This paper proceeds from the status quo and issues of SINOSURE Y Branch’s support for the financing of overseas contracting projects,and elaborates on the financing model of export credit insurance support for foreign project underwriting projects,including specific contract insurance bills financing model,export buyer’s credit insurance model and export seller’s credit financing model.Through specific cases,the basic conditions for the export credit insurance financing model were analyzed,and through the analysis of the financial evaluation model,the basic financial requirements for export credit insurance to support external project underwriting project financing were clarified to better guide the use of export credit by overseas contracting companies and the development of "going out" by SINOSURE.