Auto Production Line Equipment Exported to Indonesia

　　The auto production line, designed to produce mini trucks, is invested, constructed, and operated by one Chinese private enterprise. The underlying project to a large extend fills the gap in the country’s rural automobile market, given that Indonesia is currently the largest automobile market in ASEAN. It creates 885 local jobs after completion, and directly generates  industrial output by more than RMB 2.8 billion annually with tax contribution of nearly RMB 115 million after reaching designed capacity.

　　SINOSURE issued a buyer's credit insurance policy under the corporate guarantee structure for the export of equipment of the production line, diversifying financing approach and lowering the financing cost for the enterprise.