On August 17, The Export-Import Bank of China Zhejiang Branch and Ningbo Branch jointly extended 4.06 billion yuan of equity acquisition loan to Ningbo- Zhoushan Port Group.
This is another deepening of cooperation between CEXIM and Zhejiang Seaport, since the signing of the strategic cooperation agreement in April 2019.
Ningbo-Zhoushan Port has the world's largest port, containers ranked third in the world, and completed the cargo throughput of 1.12 billion tons in 2019.
In the next stage, CEXIM Zhejiang Branch and Ningbo Branch will continue to strengthen intra-bank linkage, with the key service port group participating in the "One Belt And One Road" initiative and the integrated development of the Yangtze River Delta Region.
Source: Sarah Yu, XINDE MARINE NEWS
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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