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Kyrgyzstan is the first leg of Li's ongoing eight-day four-country tour, which will also take him to Kazakhstan, Latvia and Russia.
The current yuan depreciation due to the strengthening greenback has unsurprisingly given rise to a new round of bearish talk on the Chinese economy.
The loan will be concessional at 2 percent interest rate with 5 years grace period and a repayment period of up to 15 years, according to the minister.
Li is currently in the Baltic country for an official visit and a leaders' meeting on Saturday within what is known as the 16+1 framework, which groups China and 16 Central and Eastern European (CEE) nations.
"The stance shows the government is trying to find a subtle balance between stabilizing growth and controlling asset bubbles," noted Hong Hao, chief China strategist at BOCOM International.
来源：资阳报