On January 6, 2026, the Guangdong Provincial Financial Regulatory Bureau issued the “Guiding Opinions on Supporting the High-Quality Development of the Insurance Industry in Guangdong Province and Helping Guangdong Take the Lead in China’s Modernization Construction.” This guidance has pointed out a new direction for the development of Guangdong’s insurance industry and has also played a significant role in promoting Guangdong’s trade and economic development. Regarding accelerating the development of the insurance service trade industry’s capabilities, the guiding opinions propose multiple measures. Increasing support for domestic trade insurance is a crucial aspect, which helps promote the smooth flow of goods and services. Insurance institutions offer a wide variety of insurance products for consumer scenarios such as automobiles, home appliances, and furniture, including product quality insurance, installation liability insurance, accidental damage and extended warranty insurance, and return shipping insurance. The introduction of these insurance products not only provides consumers with greater protection but also helps boost consumer confidence and promote consumption upgrading. To help build the “Food in Guangdong” brand and the “Guangdong Fresh Products” regional public brand, we will actively develop food safety liability insurance. Food safety has always been a focus of social concern. By developing food safety liability insurance, we can improve the sense of responsibility of food enterprises, protect the legitimate rights and interests of consumers, and at the same time help enhance the brand image of Guangdong food and promote the healthy development of the food industry. To support Guangdong’s “Please Come to Guangdong for the Chinese New Year” tourism and cultural brand, we will vigorously develop travel accident insurance for the elderly and hotel and homestay liability insurance. With the continuous development of the tourism industry, tourism safety and service quality have become the focus of tourists. The introduction of these insurance products can provide tourists with more comprehensive protection and promote the sustainable development of the tourism industry. We will innovate marine sports insurance products, explore cross-border protection collaboration with Hong Kong and other places, serve new forms of marine cultural and sports tourism, and enrich the supply of cultural and sports insurance products. Guangdong boasts abundant marine resources and a thriving cultural and sports tourism industry. Innovative marine sports insurance products can meet new market demands and promote the development of marine cultural and sports tourism. Simultaneously, cross-border insurance collaboration with Hong Kong and other regions will help strengthen regional cooperation and enhance Guangdong’s competitiveness in the international tourism market. Regarding export credit insurance, the guidelines propose requirements for innovative products and services. Expanding underwriting business in key industrial chains adapted to Guangdong’s export structure, increasing underwriting support for leading and key enterprises in the industrial chain, and deepening collaborative protection for upstream and downstream foreign trade enterprises will help enhance the risk resistance capabilities of Guangdong’s export enterprises and ensure the stable development of export trade. Promoting export credit insurance to support new foreign trade formats such as cross-border e-commerce and overseas warehouses, exploring innovative policy financing models with banks, enhancing credit for the collection and financing of small and medium-sized foreign trade enterprises, and further expanding the coverage of export credit insurance will provide stronger support for Guangdong’s foreign trade enterprises, promote the development of new foreign trade formats, and help Guangdong take the lead in China’s modernization.
Guangdong promotes export credit insurance to support new forms of foreign trade, marking a new initiative for the development of the insurance industry.
On January 6, 2026, the Guangdong Financial Regulatory Bureau issued guiding opinions aimed at supporting the high-quality development of the insurance industry. These measures cover areas such as accelerating capacity building for the insurance service trade and innovating a variety of insurance products and services, with a particular focus on promoting the use of export credit insurance to support new forms of foreign trade, such as cross-border e-commerce and overseas warehouses.
