In the first two months, the China Development Bank's loans to advanced manufacturing and strategic emerging industries grew 23% year-over-year.

On the 17th, a reporter learned from the China Development Bank that in the first two months of this year, the bank focused on helping accelerate the construction of a modern industrial system, increased support for technological innovation, served the development of new quality productivity, and supported the cultivation and expansion of emerging and future industries. It issued 75.8 billion yuan in loans for advanced manufacturing and strategic emerging industries, a 23% increase compared to the same period last year. Key support was given to major projects in areas such as integrated circuits, new materials, new energy vehicles, and high-end equipment manufacturing.

(CCTV Reporter Wang Lei)

Source: CCTV News

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