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What Is Export Credit?
It means that in order to support the export of domestic products, the state strengthens international competition, provides interest subsidies and guarantees for domestic products, and encourages domestic commercial banks to provide loans to domestic exporters or foreign importers (or banks) with a slightly lower market interest rate, so as to solve the buyer's need to pay for imported goods.
There are two kinds of export credit: buyer's credit and seller's credit.
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