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BIZCHINA / Center |
China Exim Bank says to further promote imports(Xinhua)
Updated: 2007-10-18 15:44 The Import and Export Bank of China (China Exim Bank) has granted US$20 billion of supportive fund to promote Chinese imports from other countries, a bank official said on Thursday. China Exim Bank will step up such support, said the bank's governor Li Ruogu at a press briefing during the 17th National Congress of the Communist Party of China. China's trade surplus hit US$185.65 billion in the first nine months, surpassing the US$177.47 billion for the whole of 2006, according to the General Administration of Customs. China Exim Bank, established in 1994, serves as a State policy bank aimed at boosting China's foreign trade and economic cooperation by providing policy financing service, onlending foreign government loans and lending the Chinese government Concessional Loan. |
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