Despite the central bank's recent hike in interest rates, Chinese companies will continue to enjoy low-interest loans when they invest in government-encouraged overseas projects.
The National Development and Reform Commission (NDRC) and the Export-Import Bank of China (China Exim Bank) yesterday jointly announced the decision and application procedure at the commission's website.
The bank's press official said that preferential measures are the continuation of a decision made by China Exim Bank and the commission last year.
"The policy has no change and application procedures have been adapted to China's adjusted investment regulations," said the official. She did not reveal exactly how preferential the interest rate will be.
