颁布日期：19990924 推行日期：19990924 颁布单位：中国进出口银行
JinChuYinJiFa [1999] No.210
September 24, 1999
With a view to implementing1 the strategy of revitalizing China through science and education, promoting vigorously the improvement of science and technology, strengthening the innovation of the technology, and supporting the exportation of high and new-technology on effort, Circular of the General Office of the State Council Concerning Transmitting the Opinions of the Ministry2 of Foreign Trade and Economic Cooperation and Other Relevant Departments on Taking Further Measures to Encourage the Expansion of the Exportation has decided3 that import and Export Bank of China will enlarge the business scope of export credit and favorable loans as to include the exportation of high new technology product. Hereby notify the relevant matters as follows:
1. The scope of the high and new technology product that need support shall be decided according to the List of Exports and imports of High and New technology Product of China jointly4 formulated5 by the Ministry of Science and Technology and other relevant ministries6.
2. To support the exportation of high and new-technology product shall make full use of seller credits of exports, buyer credits, favorable loans for foreigners, export credit insurance, external guaranty and other ways. Each of them shall be transacted7 according to the procedures and provisions.
3. The export seller credit interest of high and new-technology product shall be decided according to the Circular on Calculating the Export Seller Credit Interest of the New-technology Product . That is to say the first-grade interest rate of export seller credit in RMB which is decided by People's Bank of China. The present interest rate is 4.05%.
4. It shall be given a favorable rate of the insurance fee for the high and new technology product that gets the export credit insurance.
5. Departments concerned credit and insurance shall count and report the amount of export high and new technology product that received supports, and shall count the amount of machinery and electrical appliances with high and new technology and other kinds of high and new technology products separately.
