Several Banks Roll Out Plans to Deliver Tailored Financial Services for New - Type Industrialization
5 day ago / Read about 0 minute
Author:小编   

In August of this year, seven departments, such as the People's Bank of China and the Ministry of Industry and Information Technology, jointly released the Guiding Opinions on Financial Support for New - Type Industrialization. In recent times, China Construction Bank, Bank of China, and other financial institutions have unveiled implementation plans. These plans are designed to refine financial mechanisms that align seamlessly with new - type industrialization and offer comprehensive support for its in - depth advancement.

China Construction Bank is set to channel more financial resources into crucial areas. It has set an ambitious target of providing over RMB 5 trillion in financing to the manufacturing sector over the next three years. Meanwhile, Bank of China has made significant improvements to its all - encompassing financial service system. By the end of June, the balance of supply chain financing in the industrial sector and loans extended to technology - based enterprises at this bank had both exceeded RMB 2.3 trillion.