The Export-Import Bank of China extended nearly one trillion yuan in loans to the foreign trade sector in the first three quarters.
The reporter learned from the Export-Import Bank of China on October 13 that in the first three quarters of this year, the bank issued nearly 1 trillion yuan in new loans to the foreign trade sector, a year-on-year increase of 9%, of which nearly 40% went to areas related to stabilizing foreign trade entities and stabilizing foreign trade industrial chains. According to the bank, it formulated and implemented a work plan to stabilize the fundamentals of foreign trade, coordinated support for goods trade and services trade, traditional trade and new forms and models of business, and helped develop digital trade and green trade; focusing on the new situation and new needs of enterprises "going global," it provided all-round support in cross-border settlement, trade financing, supply chain finance, and other areas, helping enterprises steadily expand into international markets.
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