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What do you mean by "two excellent" loans? What's the role?

1. "Two Excellent" means "China Foreign Preferential Loan and Preferential Export Buyer's Credit" project.

second, what is the function of "two excellent" loans?

1. It has greatly met the capital needs of major projects in developing countries;

2. Promoting the economic and social development of developing countries;

3. Accelerating the pace of the country's "going out";

4. It has played an important role in promoting the implementation of major strategies such as the Belt and Road Initiative.

1.? Documents required for application

Letter of application for loan from the government of the borrowing country

Letter of opinion issued by the Economic and Commercial Office of the Embassy

Permission to bid (important elements of excellent purchase projects, but not required for excellent loan projects)

-? Requirements for the excellent purchase project:

Policy basis: Measures for the Administration of Bidding (Bid Negotiation) for Foreign Contracted Projects

Accepting department: Cooperation Department of the Ministry of Commerce/competent commercial department of local government

Submission materials: description of the project, opinions issued by the Reference Office and opinions issued by relevant chambers of commerce, Letter of intent to undertake loan or underwriting

Processing time: 3 working days

Commercial contract

Project feasibility study report (proposal), environmental assessment report

Project owner's materials

Implementation enterprise and main subcontractor/supplier's materials, etc.

2. Basic requirements for application

Maintain good diplomatic relations with China, be able to repay, and have a good debt repayment reputation.

it is economically and technically feasible, and will not cause serious adverse impact on the natural environment and human environment where the project is located.