China Development Bank Issues 213.3 Billion Yuan in Loans for Technical Upgrades and Equipment Renewal
从国家开发银行获悉，截至今年5月底，国开行已累计向工业、能源电力、交通运输、物流等领域发放技术改造和设备更新贷款2133亿元，支持企业366家、项目507个。其中，近七成投向传统产业智能化、绿色化、高端化、融合化改造升级领域。（新华社）
The China Development Bank (CDB) has issued a total of 213.3 billion yuan in loans to support technical upgrades and equipment renewal projects as of the end of May. These loans have benefited 366 enterprises and 507 projects across various sectors, including industry, energy, power, transportation, and logistics. Approximately 70% of the funding has been directed towards the intelligent, green, and high-end transformation of traditional industries. This initiative aims to modernize China's industrial base and enhance its competitiveness. The CDB's substantial lending underscores the government's commitment to driving industrial innovation and sustainable development.
The China Development Bank's substantial loan issuance for technical upgrades highlights a significant government push towards modernizing traditional industries and fostering innovation.
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