CDB Extends 213.3 Billion Yuan in Loans for Technological Upgrades and Equipment Renewal
3 day ago / Read about 0 minute
Author:小编   

On June 18, reporters gathered information from the China Development Bank (CDB) and found that, as of the end of May this year, the CDB had extended a substantial 213.3 billion yuan in loans. These funds were specifically earmarked for technological transformation and equipment renewal across a range of industries, including manufacturing, energy and power, transportation, and logistics. This financial support has bolstered 366 enterprises and facilitated 507 projects. Notably, close to 70% of these funds have been channeled into the intelligent, green, high-end, and integrated transformation and upgrading of traditional industries, aligning with modern industrial trends and sustainability goals.