China Exim Bank Introduces Measures to Promote Stable Development of Foreign Trade

According to the China Export-Import Bank, the bank recently implemented a special work plan to further enhance financial support in the field of foreign trade and promote stable growth in foreign trade. According to the work plan, the Export-Import Bank will leverage its advantages in overseas markets and support the high-quality "going out" of manufacturing enterprises through a coordinated support strategy involving enterprises, industries, and industrial parks. For traditional import and export trade based on traditional models, various credit policies and resource allocations will be strengthened to continue to consolidate financial support for different types of foreign trade entities and the foundation of foreign trade industries. In response to the characteristics of new formats such as cross-border e-commerce, the bank will explore a "policy financial +" support model to jointly cultivate new drivers of foreign trade development. Next, the Export-Import Bank will continue to increase its financial support for key areas and weak links in foreign trade, focusing on addressing the pain points and difficulties faced by current foreign trade enterprises, and fully supporting the high-quality development of foreign trade.