The Chinese EERE credit line launched in 2006 aims at stimulating small-scale EERE investments in the corporate sector in order to help reach the government’s energy efficiency targets. The €60mln AFD concessional loan (Euribor - lOObp) to the Ministry of Finance of China was on-lent to three second-tier commercial banks: Hua Xia, China Merchants Bank and Shanghai Pudong Development Bank. The loan is complemented by a €600.000 TA package aimed at building up participating banks’ capacity and funding a Beijing-based advisory team (staffed with Chinese personnel) which advises banks on project eligibility and technical aspects.