ICBC lends trillions of yuan to manufacturing industry

Source: Xinhua| 2019-03-05 18:21:58|Editor: mingmei
Video PlayerClose

BEIJING, March 5 (Xinhua) -- The Industrial and Commercial Bank of China (ICBC), China's largest lender by market value, has extended trillions of yuan of loans to the country's manufacturing sector in the past few years.

As of the end of 2018, outstanding loans from the ICBC to the manufacturing industry amounted to 1.38 trillion yuan (about 206 billion U.S. dollars), among which over 500 billion yuan went to the advanced manufacturing sector.

ICBC has offered various financing services, including equity financing, industry funds and debt restructuring, to address the multiple needs from the manufacturers and lower their cost, said a staff familiar with ICBC's business.

ICBC has participated in the financing projects in fields of advanced technology, petrochemical engineering and shipbuilding.

The bank also provided financing support for the Chinese national brands' international business and helped the country's advanced manufacturers to promote international cooperation and improve their competitiveness worldwide.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001378710801
国产无码在线观看免费在线,37pao国产成视频,日韩一区二区视频在线,国产国产人免费人成免费视频麻豆
日韩中文字幕v亚洲中文字幕 | 日韩欧美国产aⅴ另类 | 亚洲国产小视频免费 | 中文字幕高潮波多野结衣 | 日韩中文字幕在线精品视频 | 竹菊精品久久久久久久99 |