Text Version
RSS Feeds
Newsletter
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  SERVICES
  -Text Version
  -RSS Feeds
  -Newsletter
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
 -
 -
The Export-Import Bank of China supports domestic auto brands
+ -
14:51, December 09, 2008

 Related News
 China's auto sales slump for second month as economy slows
 China's auto imports rise 35% in value in first 8 months
 China's new energy auto perform well
 Domestic car market low, Shanghai car output descends
 China auto output, sales both break 5-million mark in H1
 Comment  Tell A Friend
 Print Format  Save Article
The Export-Import Bank of China signed a strategic cooperation agreement with the Chery Automobile Company in Beijing on December 7. The agreement, worth 10 billion yuan, will primarily be used to support Chery Automobile in implementing its strategy of “going global” at a higher level and broader scope.

The agreement outlines cooperation in several fields including seller's credit on export, import of technologies and equipment, international payments and the trade financing business.

Li Ruogu, president of the Export-Import Bank of China, said the cooperation is needed by both parties in order to achieve their development. The Export-Import Bank of China will continue to bring its advantages in financial policies into full play and offer better and more effective financial services for the development of China’s domestic auto brands.

By People's Daily Online



  Your Message:   Most Commented:
China postpones summit with EU due to French leader's planned meeting with Dalai Lama 
Two Chinese sue Apple for patent infringement 
Is Obama going to reshape the American image? 
Russia, Venezuela to hold joint naval maneuvers
Tensions high in Gaza city

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved

http://english.people.com.cn/90001/90776/90882/6549927.pdf