Qingdao Import and Export Enterprises and PICC Join Hands for a Salon Event on Buyer's Risk Identification and Case Analysis

On November 19th, the Qingdao Import and Export Enterprises, in collaboration with People's Insurance Company of China (PICC), successfully hosted a salon event titled "First Transaction Buyer's Risk Identification and Case Interpretation." This event was not only a feast of knowledge but also the starting point for intellectual collisions and cooperation among enterprises.

The event featured an esteemed guest speaker, Ms. Jia Yanjun, a senior business manager from PICC's credit insurance division. Ms. Jia captivated the audience with her engaging presentations and in-depth analysis of real-case scenarios, covering three core topics: buyer's credit investigation, first transaction buyer's risk cases, and an introduction to credit insurance.

During the session on buyer's credit investigation, Ms. Jia emphasized the importance of credit investigation in preventing transaction risks and provided a detailed explanation of how to obtain buyer information through various channels and build a credit assessment system. She reminded enterprises of the direct correlation between the credit status of buyers in international trade and the safety and stability of transactions, highlighting the need for continuous attention and tracking.

In the interpretation of first transaction buyer's risk cases, Ms. Jia selected several representative cases for in-depth analysis. She not only dissected the risk points and causes in the cases but also summarized lessons learned and proposed targeted risk prevention and control measures. These case studies impressed upon the attendees the importance of vigilance in international trade, where no detail can be overlooked, and precautions must be taken to prevent potential issues.

Finally, in the introduction to credit insurance, Ms. Jia detailed the functions, advantages, and applicable scenarios of credit insurance. She pointed out that credit insurance, as an essential risk management tool in international trade, can effectively reduce the economic losses enterprises may suffer due to buyer's default. Additionally, she shared customized credit protection plans offered by PICC for enterprises of different industries and sizes, providing more diversified options.

The salon event received unanimous praise from attendees. Many expressed that through Ms. Jia's sharing, they not only deepened their understanding of buyer's risk identification but also acquired practical risk prevention and control skills. The event also built a platform for communication and cooperation among enterprises, laying a solid foundation for future business interactions.

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