Mon. Sep 16th, 2024

The China Development Bank has provided loans worth more than 530 billion yuan (about $73.82 billion) to support the transportation sector in China since the beginning of this year.

The loans mainly supported a batch of major transport infrastructure projects in the fields including railway, road, waterway, urban transit and charging piles for new-energy vehicles.

They were also used to promote the country’s green and low-carbon transformation of transport and the development of a modern comprehensive transport system.

The bank said it will continue to increase credit support for transport infrastructure construction, and contribute to the building of a sustainable transport system that is safe, convenient, efficient, green, economical, inclusive and resilient.

Source: Qatar News Agency