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On the 17th, our reporters obtained information from the China Development Bank indicating that during the first two months of this year, the bank significantly ramped up its support for technological innovation. It played a pivotal role in fostering the construction of a modern industrial system, facilitating the development of new high-quality productive forces, and nurturing the expansion of emerging and future-oriented industries. Specifically, the bank disbursed a substantial sum of RMB 75.8 billion in loans to advanced manufacturing and strategic emerging industries, reflecting a notable 23% year-on-year increase. This financial backing was particularly directed towards major projects in key sectors such as integrated circuits, new materials, new energy vehicles, and high-end equipment manufacturing.
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