Mixed credit refers to loans provided by foreign governments or commercial banks to borrowing countries;
Used to purchase capital goods and services of the lending country;
The combination of low-interest preferential loans or grants provided by foreign governments with export credit or commercial loans is a development form of exporter's credit.
The role of mixed loans:
On the one hand, reduce the loan interest rate and increase the competitiveness of its commodity exports;
On the other hand, mixed loans include grants to foreign governments. The loan project is of an aid nature, which can expand cooperation with borrowing countries in the political, economic, technical and financial fields and strengthen friendly cooperation between the two departments.