China Development Bank’s outstanding new manufacturing loans will exceed 100 billion yuan in 2021

2022-05-15 0 By

Every AI news, the reporter learned from China Development Bank that by the end of 2021, the balance of manufacturing loans reached 958.8 billion yuan, of which medium and long term loans accounted for 85%.That year, the balance of new manufacturing loans exceeded 100 billion yuan, faster than the average growth of the bank’s credit.It is reported that CDB focuses on key areas and weak links to provide long-term and stable financial support for manufacturing enterprises with technological strength.We granted 491.7 billion yuan in loans to support advanced manufacturing and emerging industries and foster new drivers of development.We issued 67.5 billion yuan in loans to support new infrastructure development, and promoted the deep integration of big data and artificial intelligence technologies with various industries.(Xinhua) Daily Business News