Ministry of Commerce and China Exim Bank jointly issue document: Make full and effective use of export-import credit tools to ensure comprehensive import service support throughout the entire chain.
Recently, the Ministry of Commerce and the Export-Import Bank of China jointly issued a notice on strengthening export credit support and serving the good start of high-quality development of commerce in the "13th Five-Year Plan" period.
Recently, the Ministry of Commerce and the Export-Import Bank of China jointly issued the "Notice on Strengthening Export Credit Support to Facilitate a Good Start for the High-Quality Development of Commerce in the '15th Five-Year Plan'". The Notice focuses on the key tasks of commerce in 2026 and further leverages the role of policy financial institutions, proposing specific measures in three areas.
The first is to promote innovative trade development. This includes exploring diverse markets, cultivating new foreign trade momentum, and promoting balanced import and export development by effectively utilizing export credit tools, enriching and improving products and services that cater to new formats and models, and ensuring comprehensive import services support throughout the supply chain.
The second is to expand the space for bilateral investment cooperation. Detailed measures are proposed in three aspects: attracting and utilizing foreign investment more vigorously, promoting international cooperation in industrial and supply chains, and supporting the construction of high-level open platforms to enable the Export-Import Bank to deeply integrate and expand its services in high-level external opening, providing comprehensive financial services.
The third is to promote the high-quality development of the Belt and Road Initiative. It supports the Export-Import Bank in focusing on key areas of bilateral economic and trade cooperation under the Belt and Road Initiative, coordinated with financial services for major flagship projects and "small but beautiful" people's livelihood projects, promoting the use of the renminbi across borders, and strengthening investment and financing service guarantees.
The Notice emphasizes that local commerce authorities and branches of the Export-Import Bank should strengthen policy coordination, work coordination, and information sharing, explore strengthening the synergy between fiscal finance and commerce under the premise of compliance with WTO rules, focusing on foreign economic and trade entities, import and export links, international cooperation in the supply chain, and providing more precise, efficient, and powerful financial services.
In the next step, the Ministry of Commerce will work with the Export-Import Bank to strengthen supervision and guidance, promote the implementation of various measures outlined in the Notice, effectively translating them into practical actions to help companies overcome difficulties, and make positive contributions to a good start for the '15th Five-Year Plan'.
This article is sourced from the official website of the Ministry of Commerce and edited by GMTEight: Feng Qiuyi.
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