THE policy value of insured exports in Shanghai may reach US$16.8 billion this year from 2002's US$160 million, China Export and Credit Insurance Corp, also known as Sinosure, said yesterday when it celebrated its 10th anniversary.

Export credit insurance can trim risk exposures faced by exporters and will play a more active role next year when the global economic uncertainties make trade even riskier, said Zhu Shouzhong, general manager of the Shanghai branch of Sinosure.