China gets US$439m loans from EU’s EIB
Print Edition
China received around 401 million euros (US$439 million) in loans this year from the European Investment Bank, the Ministry of Finance said yesterday.
The loans from the EIB were invested in 10 projects in China this year, mainly in forest development, energy conservation and environmental protection, the ministry said.
The projects are key to improving the environment and boosting sustainable development of the economy, the ministry said.
The EIB, the European Union’s public financing institution, was set up in 1958, and is responsible for long-term investment loans to more than 130 countries and regions. It mainly finances transport, communications and energy projects.
China received its first loan from the EIB in 1995 to bolster an oil and natural gas exploration project in the East China Sea.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
