Sinosure Launches New Digital Credit Product “Global Check” to Provide Professional Support for Enterprises Going Global
To further implement policies aimed at stabilizing foreign trade and better fulfill its policy-oriented mandate, China Export & Credit Insurance Corporation (hereinafter referred to as Sinosure) and its wholly owned subsidiary Sinosure Credit Information Co., Ltd. have developed and launched a new digital credit information product — “Sinosure Global Check.” Since its official launch on October 20, the product has attracted widespread attention and strong recognition from foreign trade enterprises and local commerce authorities.
According to available information, Global Check focuses on key pain points faced by foreign trade companies, including limited access to overseas buyer, industry, and country-level information, weak capabilities in identifying credit risks, and high costs and low efficiency associated with customized credit investigations. The platform provides a convenient service that enables users to gain global credit insights with a single click. Since going live, user numbers have continued to grow, with trial users quickly surpassing 1,000 enterprises. Its core function, “Company Search,” has been used tens of thousands of times, covering nearly 200 countries and regions and 22 major foreign trade industries. The “Bill of Lading Search” function has generated more than 1.8 million records of overseas buyer information. The product has rapidly become a high-frequency digital tool relied upon by foreign trade enterprises. Many users have commented that overseas buyer credit checks, which previously took more than ten days, can now be completed in seconds with comprehensive key information, leading the product to be widely referred to as a “go-global risk-avoidance and customer acquisition tool.”
From a functional perspective, the digital credit information product consists of four main modules: Company Search, Bill of Lading Search, Industry Search, and Country Search.
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Company Search covers basic information on 500 million enterprises worldwide, integrating data on registration, operations, and financial conditions, combined with risk assessment dimensions developed through Sinosure’s business practices, to support enterprises in understanding and managing buyer credit risks.
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Bill of Lading Search allows users to accurately identify global buyers through HS codes or product keywords, providing information on buyers’ transaction volumes and supplier distribution, helping enterprises efficiently target overseas markets and connect with potential customers.
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Industry Search focuses on 22 key foreign trade industries, including new energy, electronic information, home appliances, pharmaceuticals, and textiles and apparel, offering industry trade trend data and Sinosure underwriting data.
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Country Search covers nearly 200 countries and regions, integrating data on regional economies and trade environments and generating country and regional risk assessments to support enterprises in overseas market expansion.
Notably, compared with existing commercial credit information products on the market, Global Check leverages Sinosure’s unique position and advantages as a national policy-oriented financial institution. It deeply integrates exclusive business data accumulated over more than 20 years of underwriting and claims experience with comprehensive datasets covering over 200 countries and regions worldwide. This integration not only enhances the breadth and depth of information services through multi-dimensional data connectivity, but also provides a highly professional risk assessment framework, offering enterprises authoritative and forward-looking decision-making references.
According to public information, Sinosure Credit Information Co., Ltd. was established with approval from the State Council as a wholly owned subsidiary of Sinosure and officially inaugurated in May 2023. Its fundamental mission is to serve high-level opening-up and support Sinosure’s policy-oriented core business. Currently, Sinosure Credit Information has expanded a global network of channel partners and built a robust database covering enterprises and banks worldwide. By leveraging big data and artificial intelligence technologies, the company provides foreign trade enterprises with a range of digital credit information products, including credit traffic lights, navigation tools, early-warning systems, Global Check, and EDI solutions, as well as professional services such as corporate credit reports, industry research, outbound investment risk assessment reports, and risk models.