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China to subsidise loans for raw material imports

Published: 30 Aug 2009 23:13:31 PST

BEIJING, Aug 31 - China will cut costs of raw material imports by subsidising the interest on loans taken out to pay for shipments, China's top planning body, the National Development and Reform Commission, said.

The imports include concentrates and ores of metals such as copper, nickel, lead, zinc, uranium and chromium, as well as clean energy equipment such as solar and nuclear power components.

The NDRC posted the list of qualifying imports in Chinese at http://www.ndrc.gov.cn/zcfb/zcfbtz/2009tz/W020090831521747404548.xls


Source: Reuters

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