The reporter learned from the Export-Import Bank of China that in order to solidly promote the high-quality joint construction of the "Belt and Road", the Export-Import Bank of China recently issued a special work plan for financial services for "Small and Beautiful Unicom" to strengthen financial support for "Small and Beautiful" people's livelihood projects.
Exterior location of the Head Office of the Export-Import Bank of China. Photo by Xinhua News Agency reporter Yao Junfang
According to the plan, the Export-Import Bank of China will base itself on its functional positioning and launch 15 specific measures. While coordinating the promotion of major landmark projects, it will increase efforts to support a number of "small and beautiful" people's livelihood projects with small investment, quick results and strong sense of gain, help jointly build the country's economic and social development and improve people's livelihood, and promote the joint construction of the "Belt and Road" to go deeper and more practical.
The main contents of the plan include: strengthening top-level design and establishing a coordination mechanism for promoting "small and beautiful" people's livelihood projects; increasing financial supply, comprehensively using a package of financial products such as credit, trade finance, and equity, and providing timely, stable and efficient financial support in the fields of small infrastructure, green ecology, agricultural cooperation, scientific and technological innovation, industrial cooperation, health, education and training; expanding the scope of cooperation, enriching the level of cooperation, giving full play to the joint efforts of multiple and multi-channel funds, and co-constructing the country according to local conditions to carry out financial cooperation, joint research and sharing of results.
As a policy bank that supports the development of foreign economic and trade investment and international economic cooperation, as of now, the "Belt and Road" loan project of the Export-Import Bank has driven more than US$400 billion in investment and more than US$2 trillion in trade. (Reporter Yao Junfang)
