SAIC Group Obtains CNY 50 Bn Credit from Export-Import Bank
SAIC and the Export-Import Bank of China formally signed a strategic cooperation agreement on August 2, 2020. The Export-Import Bank of China will provide SAIC with a credit line of CNY 50 billion to help SAIC improve its global competitiveness.
According to the agreement, the two parties will actively cooperate in business areas such as SAIC’s self-owned brand automobiles, production line equipment and other high-tech products and corresponding services export business.
This text is a result of machine translation.
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