China Eximbank backs BRI cooperation

Pedestrians walk past an Belt and Road cooperation has progressed from "sketching the outline" to "filling in the details", delivering tangible and fruitful outcomes in the 11 years since the launch of the Belt and Road Initiative. To promote high-quality Belt and Road cooperation, the Export-Import Bank of China, as a financial institution dedicated to supporting China's foreign trade and investment, and international economic cooperation, has taken all necessary measures. The China Eximbank has synergized with development plans of Belt and Road partner countries, so as to provide them with financial support according to their actual needs and resource endowments. Over the years, China Eximbank has channeled more inclusive and accessible funds to promote Belt and Road cooperation through various means including syndication, on-lending, a combination of equity investment and loans, and third-party market cooperation. China Eximbank will host the 29th Asian Exim Banks Forum annual meeting in Shanghai from Tuesday to Thursday which will be attended by export credit agencies from Japan, the ROK, Thailand, Indonesia and other countries, as well as multilateral financial institutions such as the Asian Development Bank, the Asian Infrastructure Investment Bank and the New Development Bank.