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China Daily | Updated: 2013-07-30 07:18

District gets bank loans

Potou district signed a loan agreement with the Zhanjiang Branch of China Construction Bank (CCB) on July 11, according to Zhanjiang Daily. Under the agreement, the bank will loan 5 billion yuan ($806 million) to Potou district over five years to fund the construction of urban facilities and infrastructure as well as scientific and industrial zones. Liu Xiaohua, Party chief of Zhanjiang, said innovation will be the focus in the near future.

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