From 20 10 to 20 12, the scale of China's foreign aid continued to grow. Among them, complete project construction and material assistance are the main ways of assistance, and technical cooperation and human resources development cooperation have increased substantially. Asia and Africa are the main areas of China's foreign aid. In order to achieve the Millennium Development Goals, more Chinese foreign aid funds are invested in low-income developing countries.

(1) aid funds

From 20 10 to 20 12, China's foreign aid amounted to 89.34 billion yuan. Foreign aid funds include free aid, interest-free loans and preferential loans.

Free aid is mainly used to help recipient countries build small and medium-sized social welfare projects and implement human resources development cooperation, technical cooperation, material assistance and emergency humanitarian assistance. In the past three years, China has provided 32.32 billion yuan of free aid to foreign countries, accounting for 36.2% of the total foreign aid.

Interest-free loans are mainly used to help recipient countries build social public facilities and livelihood projects. In the past three years, China has provided 7.26 billion yuan of interest-free loans to foreign countries, accounting for 8. 1% of the total foreign aid.

Preferential loans are mainly used to help recipient countries build productive projects with economic and social benefits, large and medium-sized infrastructure projects, and provide large complete sets of equipment, mechanical and electrical products, etc. In the past three years, China has provided preferential loans of 49.76 billion yuan, accounting for 55.7% of the total foreign aid.

Foreign aid budget funds shall be managed by the Ministry of Finance in accordance with the budget and final accounts system. The principal of preferential loans is raised by The Export-Import Bank of China through the market, and the loan interest rate is lower than the benchmark interest rate announced by the People's Bank of China, and the resulting interest difference is subsidized by the state finance.

(2) the distribution of aid

From 20 10 to 20 12, China * * * provided assistance to 12 1 countries, including 30 countries in Asia, 5 1 countries in Africa, 9 countries in Oceania and/kloc-0 in Latin America and the Caribbean. In addition, China has provided assistance to regional organizations such as the African Union.

Has China recently made a loan to the United Nations?

A: China's one-time payment of UN peacekeeping contributions can be said to truly reflect the responsibility of a big country! Although the United States has repeatedly attacked and pressured other countries through the United Nations, it still owes the United Nations $2.4 billion. According to relevant media reports, on1October 23rd, local time, 165438+ local time, the Permanent Mission of China to the United Nations stated at the United Nations General Assembly that China had paid its peacekeeping contributions to the United Nations in one lump sum for the last mandate period 1 1 active peacekeeping missions. In addition, prior to this, China has fully paid its dues to the United Nations and the Residual Mechanism of the International Criminal Court in 2022, making an important contribution to the normal operation of various United Nations agencies. As we all know, China, as the second largest economy in the world, has become the second largest contributor to the United Nations and peacekeeping. Over the years, China has been actively fulfilling its financial obligations to the United Nations. In this regard, China can be said to have truly demonstrated our role as a big country with its own practical actions. The Permanent Mission of China to the United Nations has repeatedly appealed to the major countries of the United Nations, hoping that all countries can support the work of the United Nations with practical actions, actively fulfill their financial obligations to the United Nations, and make the United Nations play an important role in safeguarding world peace.

It is reported that the main financial income of the United Nations comes from the money paid by Member States. At present, the United Nations has 193 member countries, and all member countries must fulfill their payment obligations according to a set of complicated calculation formulas promulgated by the United Nations. Under normal circumstances, the United Nations will hold a budget planning meeting every two years. At the budget planning meeting, the United Nations will make detailed statistics and planning on the follow-up expenditures, and then allocate the required total budget to the major member countries in proportion. As for how much each country should pay, this has always been a very sensitive issue, and many member States often argue about it.

In recent years, with the continuous spread of the COVID-19 epidemic, the global economic environment has been greatly affected. The United Nations is also deeply mired in a liquidity crisis, and its financial situation was once very embarrassing. To this end, the relevant United Nations agencies have to take various measures to cut expenses, such as reducing staff and reducing non-emergency activities. However, this practice has also brought great disadvantages, that is, the work of the United Nations cannot be effectively implemented, which has caused a serious blow and threat to the authority and execution of the United Nations. In addition to being affected by the severe global economic recession, some big countries often owe money to the United Nations, which is also one of the important reasons for the financial crisis of the United Nations. Among them, the United States is more obvious.

As the largest economy in the world, the United States is the only superpower in the world. According to the payment formula promulgated by the United Nations, the United States has become the largest contributor to the United Nations and peacekeeping. However, in recent years, the United States has not fulfilled its financial obligations to the United Nations in time, and has often defaulted on its dues and peacekeeping assessments. This has long been a well-known thing, and it has also caused extremely bad influence in major countries of the United Nations. Therefore, the current worrying financial situation of the United Nations can be said to be related to the United States.

According to relevant data, by the end of April 2022, the United States still owed the United Nations $654.38+0 billion, peacekeeping assessed $654.38+0.4 billion, and the total payable amounted to $2.4 billion. The Permanent Mission of China to the United Nations has repeatedly criticized the United States for its arrears in United Nations dues. For example, Dai Bingguo, Deputy Permanent Representative of China to the United Nations, said at the United Nations General Assembly in early June of this year that "at present, the financial situation of the United Nations is still worrying, but some major contributors are still in arrears for a long time, which is the main reason for the liquidity crisis of the United Nations."

It should be pointed out that the United States often challenges and puts pressure on some countries through the United Nations, but fails to do even the most basic due diligence. I have to say that the hegemonic style of the United States is vividly reflected in this matter.

Is it easy for CITIC Foreign Trade Trust Loan to pass?

Easy to pass. China's foreign trade trust is qualified, and the loan is easy to pass. China Foreign Trade Trust Loan, also known as China Foreign Economic and Trade Trust Co., Ltd., has no loan products and is a trust financing company.

How does China Bank borrow money online?

At present, customers in some areas of China can apply for loans online through personal online banking and mobile banking of BOC. Online loan applications support micro-enterprise loans, first-hand housing loans, second-hand housing loans, commercial student loans, foreign exchange study loans, consumer car loans, personal business loans and military/armed police housing provident fund loans. Different regions support different types of loans. Please select details from the drop-down menu.

Personal online banking can be used in loan management-new business application-more loan application.

With mobile banking, you can handle housing loans-more loan applications.

The above contents are for your reference. Please refer to the actual business regulations.

What does full-caliber foreign debt mean?

Question 1: What does "full-caliber management of foreign debt" mean? Full-caliber foreign debt managers manage foreign debt in an all-round way, including the definition and classification of foreign debt, borrowing foreign debt and external guarantee, the use of foreign debt funds, foreign debt repayment and risk management, and foreign debt supervision.

Question 2: What is the meaning of macro-prudential management of full-caliber cross-border financing? The People's Bank of China decided to extend this comprehensive pilot project of macro-prudential management of cross-border financing to financial institutions and enterprises nationwide from May 3, 2065438.

It means:

For financial institutions and enterprises, the People's Bank of China and the State Administration of Foreign Exchange do not approve foreign debts in advance, but financial institutions and enterprises independently carry out cross-border financing within the upper limit of cross-border financing linked to their capital or net assets.

Question 3: What does foreign debt mean? Foreign debt is a part of national debt, which is borrowed by the state from foreign businessmen or people. Generally, it does not include debts borrowed by individuals or private businessmen from foreign investors.

Question 4: What does this all-caliber overseas lending mean? According to the notice, in order to further promote the reform of foreign exchange management, simplify administration and decentralize power, support the development of the real economy, promote the facilitation of trade and investment, and establish and improve the capital flow management system under the framework of macro-prudential management, relevant measures are hereby notified as follows:

First, expand the settlement scope of foreign exchange loans in China. Domestic foreign exchange loans with the background of goods trade and export are allowed to settle foreign exchange. Domestic institutions shall repay with the export income of goods, and shall not purchase foreign exchange in principle.

Two, allow funds under domestic insurance and foreign loans to be transferred back to China for use. The debtor can directly or indirectly transfer the funds under the guarantee back to China for use through loans or equity investments in China. If the bank provides guarantee for domestic insurance and foreign loan performance, the relevant foreign exchange settlement and sale shall be included in the bank's own foreign exchange settlement and sale management.

Third, further facilitate the centralized operation and management of foreign exchange funds of multinational companies. According to the principle of macro-prudential management, the proportion of deposits absorbed by domestic banks through the main account of international foreign exchange funds can be adjusted from 50% of the average daily deposit balance in the first six months to100%; The use of domestic funds does not occupy the bank's short-term foreign debt balance index.

Question 5: What does foreign debt mean? China's foreign debt refers to the money that China owes others.

If foreign countries owe China, it is a foreign loan for China.

I hope I can help you O(∩_∩)O~~

Question 6: What is full-caliber cross-border financing? The People's Bank of China has decided to expand the pilot project of comprehensive macro-prudential management of cross-border financing to financial institutions and enterprises nationwide from May 3, 2006 to May 38, 2065. It means that the People's Bank of China and the State Administration of Foreign Exchange do not approve foreign debts in advance, but financial institutions and enterprises independently carry out cross-border financing within the upper limit of cross-border financing linked to their capital or net assets.

Question 7: According to the macro-prudential management of full-caliber cross-border financing, which overseas entities can domestic institutions borrow foreign debts from? Our company just wants to use foreign debt to repay bank loans in dollars. We telephoned SAFE and got the answer: it can be used to repay bank loans.

Question 8: What is the general account of full-caliber financing? What's the change of full-caliber cross-border financing?

The macro-prudential management policy of cross-border financing has built a macro-prudential restraint mechanism for cross-border financing and implemented integrated management of cross-border financing.

Previously, the People's Bank of China and the foreign exchange bureau implemented the pre-management mode of case-by-case approval for cross-border financing.

Under the macro-prudential management framework of full-caliber cross-border financing, financial institutions and enterprises independently carry out this cross-border financing within the upper limit without approval. The regulatory authorities have set the upper limit of cross-border financing risk-weighted balance linked to its capital or net assets for each financial institution and enterprise: the leverage ratio of enterprises and non-bank financial institutions is 1, and the leverage ratio of bank financial institutions is 0.8.

For example, Chinese-funded enterprises can independently carry out cross-border financing within the limit of their net assets 1 times, and the borrowed foreign debt funds can also be settled and used in accordance with the current foreign debt management regulations of foreign-invested enterprises.

What are the benefits of full-scale cross-border financing?

For enterprises and financial institutions, domestic and foreign markets can be used for financing in the future, and different interest rates and exchange rates can be used to reduce costs and increase profits. Specifically, enterprises and financial institutions can raise funds overseas according to the exchange rate and the cost of domestic and foreign funds without prior approval.

Obviously, enterprises and financial institutions borrow low-cost funds from abroad, which reduces the financing cost and improves the previous situation of "financing is difficult and expensive".

Question 9: Contents of the Interim Measures for the Administration of Foreign Debt Article 1 These Measures are formulated in order to strengthen the administration of foreign debt, standardize the borrowing of foreign debt, improve the efficiency in the use of foreign debt funds and prevent foreign debt risks. Article 2 The term "foreign debts" as mentioned in these Measures refers to the debts borne by domestic institutions to non-residents. Article 3 The term "domestic institutions" as mentioned in these Measures refers to permanent institutions established in China according to law, including but not limited to government agencies, domestic financial institutions, enterprises, institutions and social organizations. Article 4 The term "non-residents" as mentioned in these Measures refers to institutions and natural persons outside China and their non-permanent institutions established in China according to law. Article 5 According to the types of debts, foreign debts are divided into foreign loans, loans from international financial organizations and international commercial loans. (1) Foreign loans refer to official credits borrowed by China from foreign countries; (2) Loans from international financial organizations refer to non-commercial loans borrowed by China from international and regional financial institutions such as the World Bank, the Asian Development Bank and the United Nations Fund for Agricultural Development; (3) International commercial loans refer to commercial loans borrowed by domestic institutions from non-residents. Including: 1, borrowing from overseas banks and other financial institutions; 2. Borrowing from overseas enterprises, other institutions and natural persons; 3. Overseas issuance of medium and long-term bonds (including convertible bonds) and short-term bonds (including commercial paper and large negotiable certificates of deposit, etc.). ); 4. Buyer's credit, deferred payment and other forms of trade financing; 5. International financial leasing; 6. Non-resident deposits; 7. Debt paid in cash in compensation trade; 8. Other international commercial loans. Article 6 According to the responsibility of repayment, foreign debts are divided into foreign debts and non-foreign debts. (1) Foreign debt refers to the foreign debt borrowed by the State Council authorized institutions on behalf of the state and repaid by the state credit guarantee. (2) Non-external debt refers to external debt other than external debt. Article 7 The term "external guarantee" as mentioned in these Measures refers to the guarantee provided by domestic institutions to non-residents by way of guarantee, mortgage or pledge in accordance with the Guarantee Law of People's Republic of China (PRC). The potential external repayment obligation formed by external guarantee is contingent foreign debt. Article 8 The State exercises comprehensive management over all kinds of foreign debts and contingent foreign debts. The use and repayment of borrowed foreign debts, foreign guarantees and foreign debt funds shall comply with the provisions of relevant state laws, regulations and these Measures. Article 9 The State Development Planning Commission, the Ministry of Finance and the State Administration of Foreign Exchange are the foreign debt management departments. Article 10 The State Development Planning Commission shall, jointly with relevant departments, formulate a national foreign debt borrowing plan according to the needs of national economic and social development, the balance of payments and the foreign debt tolerance, and reasonably determine the total amount and structural control targets of full-caliber foreign debt. Article 11 The State shall, according to the types of foreign debts, repayment obligations and the nature of debtors, implement classified management of foreign debts borrowed. Article 12 Loans from international financial organizations and foreign loans shall be borrowed by the state. The State Development Planning Commission shall, jointly with the Ministry of Finance and other relevant departments, formulate alternative project plans for the World Bank, the Asian Development Bank, the United Nations Fund for Agricultural Development and foreign loans, and the Ministry of Finance shall organize foreign negotiations, consultations, signing loan agreements and lending to domestic debtors directly or through relevant financial institutions according to the plans. Among them, the World Bank, the Asian Development Bank, the United Nations Fund for Agricultural Development and the foreign loan alternative project planning of key countries must be approved by the State Council. Article 13 When the Ministry of Finance issues bonds overseas on behalf of the State, it shall report to the State Council for approval and incorporate them into the national foreign debt borrowing plan. The issuance of medium-and long-term bonds by other domestic institutions abroad shall be examined by the State Development Planning Commission in conjunction with the State Administration of Foreign Exchange and submitted to the State Council for approval; The overseas issuance of short-term bonds shall be examined and approved by the State Administration of Foreign Exchange, and the rolling issuance shall be examined and approved by the State Administration of Foreign Exchange in conjunction with the State Development Planning Commission. Article 14 The state shall manage the balance of medium and long-term international commercial loans borrowed by state-owned commercial banks, and the balance shall be audited by the State Development Planning Commission in conjunction with relevant departments and submitted to the State Council for approval. Fifteenth domestic Chinese-funded enterprises and other institutions to borrow long-term international commercial loans, must be approved by the State Development Planning Commission. Article 16 The State shall manage the balance of short-term international commercial loans borrowed by domestic Chinese-funded institutions, and the balance shall be examined and approved by the State Administration of Foreign Exchange. Article 17 The state shall control the total amount of foreign debts borrowed by domestic foreign-funded financial institutions, and the specific measures shall be formulated separately. Article 18 The sum of the accumulated long-term and short-term foreign debts borrowed by foreign-invested enterprises shall be controlled within the difference between the total investment of the project approved by the examination and approval department and the registered capital. Within the margin, foreign-invested enterprises can borrow foreign debts on their own. The part exceeding the difference must be approved by the original examination and approval department. ......

How much does China borrow from the World Bank every year?

China borrows an average of $6,543.806 billion from the World Bank every year. The World Bank Group's current aid strategy for China mainly focuses on the following three aspects:

1. Improve the investment environment, strengthen system construction, and strive to release all the productive forces of a well-functioning knowledge-based market economy, including establishing a high-quality and low-cost social service system, so as to alleviate the difficulties brought about by the adjustment process and support entrepreneurs to take risks. Establish materials and commercial infrastructure that meets market demand and is financially sustainable. Establish competitive enterprises and banks in a global environment. Establish an administrative management system and governance structure to meet the needs of the new situation. Establish stable macroeconomic management and public finance.

2. Solve the problem of extreme poverty and reduce the widening imbalance between coastal areas and backward inland areas, thus helping to maintain social cohesion and relieve the pressure of floating population. In backward areas, the World Bank will pay more attention to the quality of growth while paying attention to the speed of growth. By promoting effective investment in human development, social security and environmental protection, it will provide funds for transportation infrastructure construction, so as to narrow the geographical distance between backward areas and advanced areas and markets, provide analysis and consulting services as needed, and introduce international experience into China.

3. Promote the transformation from an agricultural society to an urbanized society, strengthen urban services, reduce pollution, and improve the labor productivity of agricultural population in an environmentally sustainable way. With the increase of China's financial resources and the decrease of its demand for foreign investment, the World Bank's aid plan focuses more on supporting infrastructure and strengthening institutional construction projects in the relatively poor and backward central and western regions, while focusing on supporting innovative attempts and reform initiatives in the relatively developed eastern coastal areas, including promoting private sector participation, knowledge dissemination and technology introduction. The loan targets are mainly poverty alleviation projects, urban development and environmental protection projects. The World Bank is also trying to support social development (education, health, etc.). ) and direct poverty alleviation projects through joint financing with bilateral aid agencies. In the field of economic analysis and policy consultation, the World Bank will, as always, work closely with relevant departments of the China government and experts and scholars to study important issues of China's reform and development, including the impact of China's accession to the WTO on China.

This is the end of China's introduction of foreign loans and overseas loans. Did you find the information you needed?