Xinhua, Beijing :
China’s top economic planner and the Export-Import Bank of China (China EximBank) have signed an agreement to increase financing support to emerging industries as part of efforts to foster new growth momentum for the economy.
China EximBank will offer at least 800 billion yuan(about 126.4 billion U.S. dollars) of financial support to the country’s strategic industries, including high-tech equipment and new energy vehicles, for the 2016-2020 period.
China’s top economic planner and the Export-Import Bank of China (China EximBank) have signed an agreement to increase financing support to emerging industries as part of efforts to foster new growth momentum for the economy.
China EximBank will offer at least 800 billion yuan(about 126.4 billion U.S. dollars) of financial support to the country’s strategic industries, including high-tech equipment and new energy vehicles, for the 2016-2020 period.
