The Export-Import Bank of China (China EximBank) has recently unveiled a plan outlining 16 specific measures aimed at strengthening financial support for private enterprises involved in foreign trade, the Belt and Road Initiative, and the development of new quality productive forces.
According to the newly released "Special Plan for Cultivating Private Enterprises in International Trade and Economic Cooperation and New competitive Advantages", the policy bank will focus on addressing the financing needs of private enterprises across various foreign trade scenarios and throughout the entire supply chain.
The bank will prioritize the support of new foreign trade models, such as cross-border e-commerce, overseas warehouses, and integrated foreign trade service platforms, helping private enterprises expand their trade in intermediate goods.
Additionally, the bank will encourage private enterprises to expand cross-border industrial chains in an orderly and rational manner, participate in the construction of overseas trade and economic cooperation parks. It will also support "Little Giants" (small but highly specialized private firms) and specialized manufacturers in exploring international markets.
Moreover, the banks will help them foster deeper global cooperation in manufacturing, technological research and development, and other key areas, enabling private enterprises to access new quality productive forces.
China Exim Bank intensifies support for private enterprises in international trade
UN Secretary-General Antonio Guterres is deeply concerned about the U.S. rhetoric suggesting possible intervention in the situation in Iran, urging all parties to pursue diplomacy and dialogue in line with the principles of the UN Charter, his spokesperson said on Monday.
U.S. President Donald Trump said on Sunday that his administration is weighing "some very strong options," including potential military action against Iran amid the unrest across the Middle East country.
At a press briefing Monday at the UN Headquarters in New York, Stephane Dujarric, spokesperson for the UN secretary-general, conveyed Guterres' alarm over the remarks.
"The rhetoric that we've heard around the situation in Iran, which is concerning to him (Guterres), and he encourages all to adopt a path of diplomacy and dialogue," said Dujarric.
"We push for dialogue, and I think the [UN] Charter is very clear on your question," Dujarric said when asked whether foreign intervention might help resolve the crisis. The UN Charter enshrines core principles including the sovereign equality of all states, non-intervention in the affairs of other states, and the peaceful settlement of disputes.
These norms were further reinforced by the 1970 Declaration on Principles of International Law, adopted by the UN General Assembly, which explicitly states that no state or group of states has the right to intervene, directly or indirectly, for any reason whatever, in the internal or external affairs of any other state.
Protests have erupted in several Iranian cities since late December over the sharp fall in the national currency rial and long-standing economic hardships. The reported death toll from the unrest on both sides of the security forces and civilians is mounting.
UN chief urges diplomacy amid US military threats against Iran: spokesperson
