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| Yiwu Market Buyers Risk Warning Information issued by China Credit Insurance |
News Source£º??Date£º4/25/2008 3:15:45 PM¡¡Browsing quantity£º1
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Recently the Yiwu Market Buyers Risk Warning Information has been first issued to the Yiwu market by the marketing service department in Yiwu of China Export Credit Insurance Company.
Risk prevention in payment settlement by market dealers is always a concern for China Credit Insurance.
Buyers with bad record in settlement are listed in the Yiwu Market Buyers Risk Warning Information,which classifies listed buyers into two risk levels:“for special concern” and “for ordinary concern” according to buyers’ promise-breaking record.
The publicity of the “black names” turned out to have good effects in deterring buyers’ illegal behavior.On the first day the relevant information was issued,two exposed buyers made full payment to the seller and at the same time contacted China Credit Insurance,making a promise to trade with credit and honesty and pay by contract. China Credit Insurance soon deleted their information from the booklet.
It is said that the Yiwu Market Buyers Risk Warning Information would be issued twice per month.The businessmen can read the bulletin and the digital screen in the market and consult the marketing service department in Yiwu of China Export Credit Insurance Company.
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