Global EditionASIA 中文双语Français
Home / Business / Finance

China Development Bank offers loan support for specialized, sophisticated SMEs

Xinhua | Updated: 2022-10-12 16:32
Share - WeChat
A China Development Bank sign is seen on the rooftop of an office building in the Lujiazui Financial District in Pudong, Shanghai. [Photo/IC]

BEIJING - China Development Bank, one of the country's policy banks, has provided financial support for specialized and sophisticated small and medium-sized enterprises.

A total of 13.1 billion yuan ($1.84 billion) in loans was granted in the first three quarters of 2022, providing support for the high-quality development of 115 specialized and sophisticated SMEs that produce novel and unique products.

CDB has established a work plan for special loans and supporting policies to comprehensively improve the level and capacity of refined financial services.

The bank has also rolled out preferential policies for specialized and sophisticated SMEs that produce novel and unique products to further lower their financing costs.

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