China Development Bank ups loan support for science, technology innovation

0 Comment(s)Print E-mail Xinhua, January 21, 2023
Adjust font size:

China Development Bank, one of the country's policy banks, issued a total of 261.9 billion yuan (about 38.68 billion U.S. dollars) of loans to support the country's science and technology innovation in 2022.

Over 90 percent of the loans were mid-term and long-term loans, the bank said.

The loans mainly went to sectors including integrated circuits, biological breeding, aerospace science and technology, and intelligent robots.

Follow on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from