As China's international trading environment continues to mature, the ability to buy on credit (i.e. making open account transactions) has become an increasing need for overseas buyers to make purchases from suppliers in China. To serve this need, Alibaba.com ( through its affiliate, OneTouch) has jointly launched its e-Credit Line with two state-owned enterprises: Bank of China and China Export & Credit Insurance Corporation (SINOSURE). By availing up to 80% of the amount payable and offering up to Open Account (OA) 120 days, e-Credit Line provides overseas buyers with extended payment term for products sourced, and one-stop export-related service, making your purchases from suppliers in China simple, flexible and convenient.