BEIJING, Aug. 23 (Xinhua) -- The Export-Import Bank of China (Eximbank) will invest no less than 1.5 trillion yuan in supporting Yangtze River Delta development during the 14th Five-Year Plan period, according to an implementation issued by Eximbank.
Staff drive forklifts at a warehouse of Shanghai Dole Food Co., Ltd in east China's Shanghai, Feb. 25, 2020. The company resumed production with intensified epidemic control measures. (Xinhua/Fang Zhe)
The investment will be used to promote the construction of free trade pilot zones, advance regional green and low-carbon development, and help a number of technological and foreign trade-based small, medium and micro enterprises to develop.
Meanwhile, a package of financial services will be provided for enterprises in Yangtze River Delta region. The bank will carry out supply chain financial product innovation to increase support for core enterprises and their upstream and downstream enterprises. Besides, differentiated policies such as rating credit, facilitation of financial service will also be implemented.
As a major policy bank in China, Eximbank has continuously increased its efforts to serve real economy. As of the end of July, the bank's loan balance in domestic and foreign currencies was 4.6 trillion yuan.
(Edited by Bao Nuomin with Xinhua Silk Road, baonuomin@xinhua.org)
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