China Machinery Engineering : Coordination Meeting between CMEC and China Exim Bank Concessional Loan Department Held

On July 13, the Investment, Finance and Capital Operation Department took a lead in organizing the 'Coordination Meeting between CMEC and China Exim Bank Concessional Loan Department', in order to strengthen the cooperation between CMEC and the Concessional Loan Department of the Export-Import Bank of China (China EximBank) and meet the business demands of business units and China National Complete Engineering Corporation (CCEC) for gaining concessional loans from China EximBank.

At the coordination meeting, the members of the delegation headed by CMEC President Zhang Chun made in-depth communications with relevant personnel of China EximBank including Gao Ning, Vice General Manager of the Concessional Loan Department of the Bank. Zhang reviewed the history of cooperation between CMEC and the Concessional Loan Department, and looked into the business cooperation between the two sides in the future. Gao gave an introduction to the overall situation of the Concessional Loan Department, as well as the principle for promoting the concessional loans and loan policies for different countries. After that, the representatives of the business units and CCEC communicated with responsible persons of relevant offices of Concessional Loan Department on specific projects and discussed about the financing work for key projects in the future.

The coordination meeting not only defined the way of advancing projects in the future, but also built a closer relationship of business cooperation between CMEC and the Concessional Loan Department, laying a solid foundation for comprehensive and in-depth cooperation between CMEC and the China EximBank in the future.

Present at the meeting were CMEC CFO and Board Secretary Zhou Yamin, CMEC Vice President Wang Hong, CMEC Vice President Fang Yanshui, CMEC Vice President Tong Zigang, Assistant President and Investment, Finance and Capital Operation Department General Manager Zhang Zhiliang, CCEC General Manager Yang Jing and leaders of relevant departments.