In the past two months, loans from the China Development Bank for advanced manufacturing and strategic emerging industries increased by 23% year-on-year

According to the China Development Bank, in the first two months of this year, the bank has increased its support for technological innovation to help accelerate the construction of a modern industrial system, serve the development of new quality productivity, and support the cultivation and growth of emerging and future industries, issuing loans of 75.8 billion yuan for advanced manufacturing and strategic emerging industries, an increase of 23% compared to the same period last year. Key support has been provided for a series of major projects in areas such as integrated circuits, new materials, new energy vehicles, and high-end equipment manufacturing. (CCTV News)