China Eximbank Held a Signing Ceremony for Import Financing to Support High-standard Opening-up of China


  China Eximbank held a signing ceremony for import financing at the 4th China International Expo (CIIE) on 6 November. By meeting companies’ needs in import financing, the Bank helped expand the spillover effects of CIIE and promoted high-standard opening-up of China. Wu Fulin, Vice Chairman and President of China Eximbank, delivered a speech via video link at the ceremony.

  Wu Fulin stated that as a bank dedicated to supporting China’s foreign trade, investment and international economic cooperation, China Eximbank has fully implemented the instructions of General Secretary Xi Jinping and takes CIIE as an effective platform for fulfilling its mandate. The Bank, in keeping with China’s policies and following the demands of the real economy, kept improving its financial services and increasing credit supply to the foreign trade sector. Over the previous sessions of CIIE, China Eximbank has played an active role by introducing tailor-made financial solutions, providing special lines of credit, holding signing ceremonies for import financing and participating in activities of local trade groups. Financing support totaling more than RMB200 billion has been delivered to nearly 300 companies, well highlighting the Bank’s mission of facilitating imports and exports to serve China’s opening-up in the new era.

  China Eximbank signed cooperation agreements with nearly 40 companies at CIIE this year, with contract value totaling over RMB23 billion in a number of sectors such as advanced manufacturing and green finance. By launching “Yi Hui Global”, the tailor-made financial solutions for the 4th CIIE, the Bank expects to meet the diversified financing needs of clients and facilitate both China’s domestic development and its engagement in the global economy.

  China Eximbank has held signing ceremonies for import financing at CIIE for three consecutive years, making itself a strong contributor to this annual event. The Bank will continue to leverage its expertise and advantages and make concerted efforts with local governments and companies to turn the agreements into tangible results, so as to help stabilize the industrial and supply chains, contribute to the high-standard opening-up of China and the building of an open world economy.