On March 29, China Machinery Engineering Group Corporation (CMEC Group) and the Client ant Credit Management Department of The Export-Import Bank of China (CEXIM) held business matchmaking meeting. Wang Bo, Party Secretary and Chairman of CMEC Group, Fang Yanshui, Deputy Party Secretary and General Manager of CMEC Group met with Zhong Jian, General Manger of the Client ant Credit Management Department of CEXIM. They exchanged views on further innovating financing and cooperation models regarding overseas projects in key countries and fields, and deepening enterprise-bank business cooperation in a multi-dimensional manner. Present at the meeting was also Li Mingqiang, Assistant General Manager of CMEC Group.

Fang Yanshui introduced CMEC Group’s projects in key regions and countries and thanked CEXIM for guidance in financing policies. He hoped that the two sides continue to tap into their respective advantages and deepen cooperation in key countries and fields.

Wang Bo extended gratitude to CEXIM for its long-term support to CMEC Group and presented CMEC Group’s latest integrated development status. CMEC Group would, by relying on China National Machinery Industry Corporation (Sinomach)’s industrial advantages, expand its industrialization projects in the overseas market and take China’s equipment and manufacturing technologies to go global, in a bid to achieve project contracting’s high-quality development abroad with Sinomach’s characteristics. It is hoped that the two parties further strengthen communication to explore new cooperation models to realize win-win development.  

General Manager Zhong Jian appreciated CMEC Group’s international business development capabilities and outcomes that had made, and introduced the overall business situation and the latest credit policies of the Client ant Credit Management Department of CEXIM. He stated that CEXIM, as a policy bank, closely followed national strategies, insisted on its main responsibilities and businesses, and prioritized import and export trades, production capacity cooperation and equipment manufacturing. It would fully support CMEC Group’s development of international businesses.