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CAMCE signed a Financing Cooperation Agreement with China Eximbank

By: From: Posted: 2019-11-19 15:04:00 FontSize: BIG MIDDLE SMALL

  On the afternoon of November 6, 2019, at the second China International Import Exhibition, the signing ceremony of a financing cooperation agreement between CAMCE and China Eximbankw as held at the National Exhibition and Convention Center (Shanghai). Witnessed by Yu Xuejun, Chairman of the Supervisory Board of the China Eximbank, Xie Ping ,Vice President of China Eximbank, Luo Yan, Chairwoman of CAMCE and Yang Dong, Assistant to General Manager of CAMCE, Wang Yuhang, Deputy General Manager of CAMCE, and Zhu Canzhang , General Manager of Client Department of China Eximbank signed the agreement on behalf of both parties.

  During the 2nd CIIE, the China Eximbank announced the launch of 300 billion RMB amout to support the special import quota, and officially released a special financial service plan Financing for the CIIE , which was specially designed for the2nd of CIIE. Under the agreement, the China Eximbank will expand the chain of financial support for imports, based on Financing for the CIIE, to provide more diversified and distinctive financial services to foreign companies.

  This agreement, as one of the most important results of the cooperation between banks and companies in CIIE, will allow CAMCE to benefit from Financing for the CIIE proposed by China Eximbank, and also to benefit from the credit support provided by China Eximbank for foreign investment, international turnkey projects, import projects of important resource, key technologies and equipment as well as projects for the import and export of agricultural products. At the same time, the agreement will deepen the strategic cooperation between two parties, create more favorable conditions for the development of CAMCE's future activities and thus promote the joint development and long-term cooperation between enterprises and banks.

  Tan Chunlin, Director of the Supervisory Board of China Eximbank and Kang Guoqing, Assisstant to General Manager of CAMCE attended the signing ceremony.

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