口行两优chinese gvernment concessional loan口行两优chinese government concessional loan口行两优chinese government concessional loan口行两优chinese government concessional loan.docVIP

Two Concessional Loan: Two Concessional Loan means two kinds of concessional loans, such as Chinese Government Concessional Loan and Preferential Export Buyer‘s Credit Loan. Chinese Government Concessional Loan (hereinafter referred to as the “concessional loans”) refers to the medium and long-term, low interest rate credit extended by China Eximbank under the designation of the Chinese Government with the nature of official assistance. Preferential Export Buyer‘s Credit Loan(hereinafter referred to as the “preferential buyer” ) refers to the medium and long-term credit with preferential terms and conditions, aiming to promote China’s economic and trade cooperation with other key countries and regions. Approved by the state council, it is a particular loan. The common characteristic: Objective: To promote the economic and social development of the borrowing countries and improve living standards of people; to boost the China’s economic cooperation with the borrowing countries. Loan purpose: Fund manufacturing projects, infrastructure construction project and social welfare projects in the borrowing countries, which can generate promising economic returns or good social benefits; Finance the procurement of Chinese mechanical, electronic products, complete sets of equipments, technology and services and other goods by the borrowing countries. Prospective borrower: The borrower of concessional loan is normally the government of the borrowing country represented by Ministry of Finance. Under special circumstances, the borrower could be a financial institution or other agencies designated by the government of the borrowing country and acceptable to China Eximbank. In such case, Ministry of Finance of the borrowing country is required to provide repayment guarantee acceptable to the bank. Emphasize the government background. Supported area: There is long-term promoting for economic and social development of the borrowing country; There has a good economic benefit and fi