General

Recently, the Tianjin Municipal Bureau of Commerce found in enterprise research that some export enterprises are unable to confirm the credit status of overseas buyers in the process of exploring international trade markets. Even if the other party offers favorable prices and expresses strong cooperation intentions, the enterprises still dare not accept orders due to unpredictable credit risks, resulting in missing many valuable trade opportunities.

In order to solve the problem that enterprises dare not accept orders, help Tianjin's economic operation, and serve the high-quality development of foreign trade, recently, Tianjin Municipal Bureau of Commerce, together with China Export credit insurance Insurance Corporation Tianjin Branch, launched the "credit traffic light" service function at the "single window" of China (Tianjin) international trade, This is the first time that China Export credit insurance Corporation has provided this application service to enterprises through the "single window" of local international trade nationwide.

The "Credit Traffic Light" provides export enterprises with information on the credit status of overseas buyers. Through an intuitive and convenient "light on" method, it prompts the transaction risks of enterprises: when the "red light" is on, it is recommended that enterprises "stop one stop" and conduct transactions prudently; Light up the "yellow light" and suggest "take a look" to ensure a stable transaction; Turning on the "green light" basically allows you to trade with peace of mind. As a registered enterprise user of Tianjin International Trade "Single Window", you can enjoy 10 free transaction subject information inquiries and 5 free transaction risk calculation.

Tianjin Century Minmetals Trading Co., Ltd. conducted a transaction risk light test on potential overseas partners through the "credit traffic light" on site. The relevant person in charge stated that Tianjin International Trade provides the "credit traffic light" service through the "single window", Supported by data from 200 million overseas enterprise information, it provides a new channel for us to identify overseas transaction risks by visually indicating the credit status of overseas buyers through illuminated methods