The State Council approved the formal establishment of China Export & Credit Insurance Corporation (SINOSURE).

On the seventh day after China's accession to the World Trade Organization, SINOSURE officially opened for business.

SINOSURE set up eleven business management divisions in Shenzhen, Fuzhou, Guangzhou, Xiamen, Shanghai, Hangzhou, Nanjing, Dalian, Ningbo, Qingdao and Tianjin, and seven business offices in Chongqing, Zhengzhou, Xi'an, Chengdu, Hefei, Changsha and Nanchang.

SINOSURE and the Ministry of Commerce (MOC) co-hosted the Conference on Export Credit Insurance and Foreign Economic and Trade Cooperation. Madame Wu Yi, then Chinese Vice-Premier attended the event and gave instructions.

The eleven business management divisions were adjusted and renamed the branches of Tianjin, Shanghai, Jiangsu, Zhejiang, Fujian, Xiamen, Shenzhen, Guangdong, Ningbo, Liaoning and Shandong, and the seven business offices were adjusted and renamed the business management divisions of Chongqing, Zhengzhou, Xi'an, Chengdu, Hefei, Changsha and Nanchang. London Representative Office was established.

SINOSURE held a press conference on The Handbook of Country Risk at the Great Hall of the People to officially release the Handbook.

SINOSURE headquarters were relocated to the Fortune Times Building.

Hefei Business Management Division and Zhengzhou Business Management Division were adjusted and renamed Anhui Branch and Henan Branch respectively. Harbin Office and Guangxi Office were renamed Harbin Business Management Division and Nanning Business Management Division respectively. Wuhan Business Management Division was established.

Facing the outbreak of the international financial crisis, SINOSURE held the SINOSURE Media Conference 2008 to release the policies and measures supporting enterprises against the crisis.

● The Government Work Report for the first time put forward explicit requirements on export credit insurance. ● SINOSURE and the MOC co-hosted the national export credit insurance working conference. ● SINOSURE completed the national task of short-term export credit insurance of USD 84 billion 17 days ahead of schedule. ● The total annual amount insured exceeded 100 billion U.S. dollars.

● SINOSURE and the MOC co-hosted the national working conference on commercial finance and export credit insurance. ● The SINOSURE Hope Primary School was founded.

● The State Council approved the general reform plan of SINOSURE. ● The total annual amount insured exceeded USD 200 billion.

● On December 18, the ceremony of SINOSURE's reform and capital injection was held in Beijing, China. China Investment Corporation injected RMB 20 billion into SINOSURE via Central Huijin Investment Ltd. On the same day, SINOSURE held the first meeting of the Board of Directors, and it held the first meeting of the Board of Supervisors on December 19. ● SINOSURE offered paired assistance to Huoqiu County, Anhui Province, one of the key counties included in the national plan for poverty alleviation through development. ● The total annual amount insured exceeded 300 billion U,S, dollars.

● SINOSURE attended 2013 Berne Union Annual General Meeting in autumn in Vienna, Austria and the delegate of SINOSURE was elected the vice chairman of the medium- and long-term committee of the union for the first time. ● The short-term export credit insurance amount exceeded 300 billion U.S. dollars.

● The SINOSURE postdoctoral research center was inaugurated and recruited the first batch of postdoctoral fellows. ● The total annual amount insured exceeded 400 billion U.S. dollars.

● SINOSURE offered paired assistance to Yugan County, Jiangxi Province, one of the key counties included in the national plan for poverty alleviation through development. ● SINOSURE released The Yearbook of World Investment Risk for the first time. ● The total insured amount and major types of insurance ranked first among ECAs.

● SINOSURE released the first global sovereignty credit ranking. ● The Outline of the 13th Five-Year Plan of SINOSURE was published.

● The First Belt and Road Forum for International Cooperation was held in Beijing, and 17 cooperation agreements of SINOSURE were included in the List of Deliverables of the Belt and Road Forum for International Cooperation. ● The total annual amount insured exceeded 500 billion U.S. dollars.

● The roundtable meeting of the 2018 Beijing Summit of the Forum on China-Africa Cooperation adopted the Beijing Declaration – Toward an Even Stronger China-Africa Community with a Shared Future and the Forum on China-Africa Cooperation Beijing Action Plan (2019-2021). Export credit insurance was included in the action plan as an independent financial instrument for the first time. ● At the plenary meeting of 2018 Berne Union Annual General Meeting in Paris, France, the delegate of SINOSURE was elected as the vice chairman of the union. ● The total annual amount insured exceeded 600 billion U.S. dollars.

SINOSURE formulated the "336" development strategy, adjusted and optimized the organizational structure, started six major strategic programs, and proposed the vision of building a world-class credit management organization.

● In response to the outbreak of COVID-19, Chinese President Xi Jinping made important instructions on the work of export credit insurance three times, calling for the full play of the role of export credit insurance. SINOSURE immediately developed policies and measures such as the 10 Special Policies and the 23 Opinions to further expand insurance coverage under controlled risks, and compensate enterprises as far as possible. ● The total annual amount insured exceeded 700 billion U.S. dollars.

● The Government Work Report put forward explicitly the requirements on export credit insurance for the tenth time and for the seventh time in a row. ● Chairman Song Shuguang attended the press conference on promoting the high-quality development of banking and insurance sectors organized by the State Council Information Office, and answered questions from Chinese and foreign journalists. ● The Outline of the 14th Five-Year Plan of SINOSURE was published.