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The Export-Import Bank of China has invested 87.1 billion yuan in special loans to bail out enterprises

The reporter learned from the Export-Import Bank of China that since the bank launched a special loan to bail out enterprises last year, as of the end of September this year, the bank has completed the bailout loan fund of 87.1 billion yuan.

The Export-Import Bank of China has invested 87.1 billion yuan in special loans to bail out enterprises

The picture shows the exterior view of the head office of the Export-Import Bank of China. (Photo courtesy of Export-Import Bank of China)

Since last year, in the face of the impact of the new crown pneumonia epidemic and the downward pressure on the economy, the Export-Import Bank of China has vigorously promoted the rescue of financial assistance enterprises, and actively provided bailout financing support to enterprises trapped by the impact of the epidemic, trade frictions and economic cycles by introducing work plans, formulating special work procedures and operating procedures, providing preferential pricing policies, and establishing a list of bailout enterprises.

By the end of September this year, the bank had included a total of 158 enterprises in the bailout list, and the bailout loan funds had driven more than 1.5 million people in the relevant industrial chain supply chain to stabilize employment. With the implementation of the Export-Import Bank's policy of bailing out and benefiting enterprises, more than 70 enterprises have resumed normal operations and steadily withdrawn from the list of bailout enterprises. (Reporter Yao Junfang)

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