China Development Bank has disbursed 213.3 bln yuan in technology renovation and equipment-upgrade loans as of end-May, targeting industrial, energy/power, transport and logistics sectors. The lending covered 366 firms and 507 projects; roughly 70% f

2026-06-18

China Development Bank has disbursed 213.3 bln yuan in technology renovation and equipment-upgrade loans as of end-May, targeting industrial, energy/power, transport and logistics sectors. The lending covered 366 firms and 507 projects; roughly 70% funded traditional-sector upgrades toward smart, green, higher-end and integrated transformation. CDB said it leveraged long-term funding and Coordinated ministry project lists to prioritize large-scale equipment renewal.