Abstract: Ningbo is a well-developed area in the domestic fastener industry and has a reputation as the “fastener capital of China”. At present, Ningbo Fastener Industry Association has more than 130 member companies, of which 95% are above designated size. Recently, Ningbo Fastener Industry Association signed a cooperation agreement with China Export Credit Insurance Corporation Ningbo Branch. This means that the fastener industry's exports will receive comprehensive and preferential support from the credit insurance policy.

Ningbo is a well-developed area in the domestic fastener industry and has a reputation as the “fastener capital of China”. At present, Ningbo Fastener Industry Association has more than 130 member companies, of which 95% are above designated size. Some of these products have been used in high-efficiency clean power generation equipment, high-end cars and heavy-duty trucks, rail transportation equipment and ships, construction machinery and agricultural machinery, metallurgical and mining equipment, electronic special equipment and emerging industries, high-end equipment manufacturing, the "Bird's Nest" of the Olympic Games. Projects, Hangzhou Bay Cross-sea Bridge, Zhoushan Cross-sea Bridge, EMUs with a speed of over 350 km/h, Beijing-Shanghai High-speed Railway Nanjing Yangtze River Bridge, and military and other key national projects.

In the first half of this year, Ningbo Zhenhai focused on promoting the transformation and upgrading of the fastener industry, setting up a regional fastener industry association, preparing a special plan for the transformation and upgrade of the fastener industry, and a three-year brand base development plan, and proceeding with the next step of the space layout plan. initial design. At the same time, the preliminary demonstration work of a series of projects such as commercial buildings, pickling centers, logistics and trade markets, third-party testing centers, and information platforms was initiated.

China Export Credit Insurance Corporation, as a national policy export insurance company, is a policy institution that promotes enterprises to explore the international market. In order to relieve the worries of Ningbo fasteners to further expand overseas markets, the Ningbo Fastener Industry Association and the Ningbo branch of CITIC Insurance have reached a cooperation agreement. The two sides decided to organize the fastener companies to jointly insure the city with the association as a unified platform. The government and China Credit Insurance have a series of preferential measures for joint insurance. Under this cooperation framework agreement, companies that have jointly insured through the fastener industry association platform will enjoy preferential measures such as insurance premiums. The cost of corporate insurance will fall by 10%-15%, and the association companies will also enjoy free credit investigation. A series of incentive policies.

Zhang Shengze, secretary general of the Ningbo Fastener Industry Association, predicts that in the future, more small and medium-sized fastener enterprises will enjoy export credit insurance as a policy-based financial instrument to escort overseas exports.