USEUROPEAFRICAASIA 中文双语Français
Home / Business

Pledge made to support 'One Belt One Road'

By Jiang Xueqing | China Daily | Updated: 2014-12-31 06:52

Bank of China Ltd will accelerate the implementation of its strategies to promote the New Silk Road Economic Belt and the 21st Century Maritime Silk Road initiatives next year.

The bank is planning to extend credit of no less than $20 billion to the "One Belt and One Road" related projects in 2015, and $100 billion over the next three years, in an effort to make it the main financial artery for the initiatives, said Lin Jingzhen, general manager of the bank's corporate banking department in Beijing on Tuesday.

"We believe that the 'One Belt One Road' initiatives are a major national strategy that has both economic and strategic significance," Lin said.

Pledge made to support 'One Belt One Road'

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US