The use of foreign loans into the best period

More sharing of the benefits of RMB appreciation, "for some time to come, to borrow foreign loans is the best time, we are also actively striving for a critical period." Concerned head of the provincial Development and Reform Commission recommended a few days ago. According to the Provincial Development and Reform Commission statistics, for the first time since 1982 with a World Bank loan to carry out agricultural projects in the North China Plain since the province to make use of foreign loans to 240 projects, 154 have been completed, the use of foreign loans to meet the total size of 3,140,000,000 U.S. dollars. Has been the implementation of foreign loans in the amount of 1,000,000,000 U.S. dollars or more, mainly for urban environmental improvement, water use, waste disposal, the transformation of the province's road network, flood control and ecological environment, the Huaihe River basin in the low-lying land management, agricultural science and technology and so on. In addition, the country is actively seeking alternatives included in the project planning large projects of 5 to apply for the loan amounted to 1,104,000,000 U.S. dollars. World financial institutions to borrow loans from foreign governments and indirect foreign investment is the main way, with a strong nature of the assistance, with low interest rates and long repayment period, low fees, management science, the preliminary work, and other characteristics of the down-to-earth, is a condition marked Better than commercial loans, the funds. Moreover, all countries included in the planning of the implementation of the project, all countries enjoy the imported equipment tax policy on imported equipment and more industrial projects and the transformation of the hospital, particularly attractive. Provincial Development and Reform Commission, indirect foreign investment in our province is characterized by: the share of loans from international financial organizations large. The use of World Bank loans to 1,233,000,000 U.S. dollars, accounting for the province's total foreign loans of 39.3%%; use of the Asian Development Bank loan 695,000,000 U.S. dollars, accounting for 22.1%%; Japan to use third-party bank loans 597,000,000 U.S. dollars, accounting for 19%%; More than 20 foreign countries accounted for 18.4%% of the loan. Well into the structure. Our province's use of foreign loans into major industrial, transportation, agriculture, environmental protection, urban public utilities, health care and education, industrial projects using foreign loans reached 862,000,000 U.S. dollars, accounting for 27.5%%; transport infrastructure project loans to 849 million U.S. Yuan, accounting for 27%%. Regional investment, the provincial departments in addition to the project, Huainan, Hefei, Anqing, Chuzhou, and Tongling City in our province is the use of foreign loans to more cities, to borrow loans are more than 100,000,000 U.S. dollars. Indirect foreign investment in our province late start, but gradually accelerate over the past 10 years. Into the "Tenth Five-Year" project to achieve an average annual 20.2 with an average annual amount of loans 284,000,000 U.S. dollars. The World Bank in the 2006-2008 fiscal year planning projects, for our province to the approval of the amount of 470,000,000 U.S. dollars, accounting for 30% of the country in the same period%. Loans increased country, the project units and owners a number of options. At present, the province has been the scope of the use of foreign loans extended to the World Bank, Asian Development Bank, Japan International Cooperation Bank and IFAD, as well as Austria, the Nordic Investment Bank, Germany, Spain, and other government loan of more than 20 countries. So far outside our province's 240 loan projects, the vast majority of the successful implementation of the normal loan. One Ningxi Railway, with nine railways, highways Hefei to Anqing, Tongling Expressway to the mouth soup, the Huaihe River in Anhui Province, and other water pollution control projects after the completion of the upgrade to speed up the benefits.