Su Cai Qi [2006] No.34

All provinces, municipal finance bureaus, foreign trade bureaus and provincial export enterprises:

In order to further implement the relevant requirements of the Opinions of the People's Government of Jiangsu Province on Several Policies to Further Support the Development of Open Economy (Su Fa [2003] No.43), encourage enterprises in our province to actively "go out" to explore the international market, enhance international competitiveness, broaden the space for international development, effectively prevent the risk of foreign exchange collection, promote the structural adjustment and scientific development of foreign trade in our province, and earnestly strengthen the management of supporting development funds, we hereby formulate and issue the Policy Export Credit Insurance of Jiangsu Province to support development funds.

Please submit the application materials for export credit insurance to support development funds from July 1 2005 to June 30, 2006 to the Provincial Department of Finance (Enterprise Department) and the Provincial Department of Foreign Trade and Economic Cooperation (Finance Department) before July 3, 2006.

Annex: Interim Measures of Jiangsu Province for the Administration of Policy-based Export Credit Insurance to Support Development Funds

Jiangsu Provincial Department of Finance

Jiangsu Provincial Department of Foreign Trade and Economic Cooperation

May 2006 16

Attachment:

Jiangsu policy export credit insurance supports development funds.

Temporary administrative measures

In order to further implement the relevant requirements of the Opinions of the People's Government of Jiangsu Province on Further Supporting the Development of Open Economy (Su Fa [2003] No.43) and effectively strengthen the management of the development funds supported by export credit insurance in our province (hereinafter referred to as the development funds), these measures are formulated.

First, the scope and conditions of funding.

(1) The export enterprise code registered in Jiangsu, with independent legal personality, granted the right to export or foreign economic cooperation with the approval of the state, and applied for issuance by the competent foreign trade department.

(two) engaged in general trade export and "going out" related projects.

(3) Foreign trade business in which short-term export credit insurance, overseas investment insurance and guarantee business are insured with Jiangsu Branch of China Export Credit Insurance Corporation, and the insured enterprises uniformly declare and pay the insurance premium according to the regulations, and obtain the official invoice of the insurance premium (the insured enterprises engaged in general trade export and pay the prepaid insurance premium and the minimum insurance premium can only enjoy the support of supporting development funds after realizing export and handling the insurance declaration).

(4) There are no irregularities in foreign trade, finance, export tax rebate, foreign exchange management and customs supervision.

(5) Provincial foreign trade enterprises refer to enterprises whose business tax and income tax are turned over to the provincial treasury in parts.

Second, the funding standard.

(a) the provincial foreign trade enterprises generally export, and actually pay 30% of the declared premium.

(two) the export of agricultural products (including agricultural products, agricultural and sideline products, seafood) by enterprises in the province, according to the actual payment of 10% to declare the premium.

(3) The enterprises in the whole province that export to emerging markets (North America, European Union, Japan, Hongkong, Macau, Taiwan Province Province and other countries and regions outside China's bonded areas) shall be subsidized at 10% of the declared premiums.

(four) the province's "going out" related projects, including overseas investment insurance and guarantee business, overseas investment projects, overseas contracted projects, overseas labor cooperation and so on, which are matched with the export of ships, large-scale mechanical and electrical products and complete sets of equipment. , actually pay 10% of the declared premium to be subsidized.

(five) the proportion of support for provincial enterprises does not exceed 50%.

(6) If the premium is paid in foreign currency, it shall be converted into RMB according to the middle price of the national foreign exchange quotation on the first day of the appropriation month as the basis for calculating the funds for supporting development.

Third, the distribution method

(a) to support the development of funds allocated once a year.

(2) The enterprise shall fill in the Application Form for Jiangsu Province Policy Export Credit Insurance to Support Development Funds (see attached table 1), and attach the customs declaration premium invoice issued by Jiangsu Branch of China Export Credit Insurance Corporation. Provincial enterprises directly report to the Provincial Department of Finance and the Provincial Department of Foreign Trade and Economic Cooperation, while local enterprises report to the competent departments of finance and foreign trade at the same level, and report to the Provincial Department of Finance and the Provincial Department of Foreign Trade and Economic Cooperation after being audited by the competent departments of finance and foreign trade in cities under the jurisdiction of each province. The Provincial Department of Finance verifies the insurance data of export enterprises provided by Jiangsu Branch of China Export Credit Insurance Corporation to the Provincial Department of Finance (see Table 2) and issues support funds after consulting the Provincial Department of Foreign Trade and Economic Cooperation. Among them, provincial enterprises are directly allocated by the Provincial Department of Finance, and other enterprises are allocated funds by the Provincial Department of Finance to the relevant Municipal Finance Bureau, and then allocated to enterprises by the Finance Bureau at the same level.

(three) after receiving the funds to support the development, the export enterprises will deduct the premium expenses financially.

Fourth, fund management.

The Provincial Department of Finance and the Provincial Department of Foreign Trade and Economic Cooperation are the competent departments to support development funds, and are also responsible for supporting the use and management of development funds. Jiangsu Branch of China Export Credit Insurance Corporation is the co-organizer of the Support Development Fund.

The Provincial Department of Finance is responsible for the budget and financial management of supporting development funds, including examining and approving the annual capital budget in conjunction with the Provincial Department of Foreign Trade and Economic Cooperation, allocating supporting development funds, and organizing the tracking, supervision and inspection of the use of supporting development funds.

The Provincial Department of Foreign Trade and Economic Cooperation is responsible for supporting the business management of development funds, including determining the supporting direction, scope of use, standards and methods of supporting development funds jointly with the Provincial Department of Finance, providing enterprise catalogues, commodity catalogues and their customs codes corresponding to the supporting scope, organizing special research on the direction of supporting the use of development funds, and putting forward annual fund plans and adjustment opinions.

Jiangsu Branch of China Export Credit Insurance Corporation is responsible for establishing enterprise insurance detailed accounts and providing export declaration data of insured enterprises. At the end of the year, submit a written report to the Provincial Department of Finance and the Provincial Department of Foreign Trade and Economic Cooperation to support the role of development funds in promoting export credit insurance and promoting enterprises to actively explore the international market, and accept financial supervision.

Verb (abbreviation of verb) supplementary clause

(1) Local municipal finance bureaus and foreign trade bureaus may, in light of the actual situation of local economic development, formulate corresponding measures for the management of supporting development funds with reference to these measures.

(two) to support the development of funds is a special financial fund, it is strictly prohibited for any unit or individual to intercept or misappropriate.

(three) the export enterprises that have enjoyed the supporting development funds should also return the obtained supporting development funds if they need to return the insurance premiums for various reasons. Jiangsu Branch of China Export Credit Insurance Corporation shall promptly notify the Provincial Department of Finance of the refund of premiums by the insured enterprises.

(four) to resort to deceit, cheat to support the development of funds, in accordance with the "Regulations on penalties and sanctions for financial violations" and other provisions.

(5) The Measures shall be implemented as of July, 2005 1 day. The implementation time is tentatively set at one year.

(six) these Measures shall be interpreted by the Provincial Department of Finance and the Provincial Department of Foreign Trade and Economic Cooperation.