The new policy-based financial instruments of China Development Bank have disbursed over 60 billion yuan since September.
The China Development Bank (CDB) has learned that since September, the CDB's new policy-based financial instrument has disbursed 60.85 billion yuan, supporting 153 projects with a total investment of 1.4 trillion yuan. All disbursed funds were used to supplement the capital of private investment projects and projects in which private capital participates, providing support for expanding effective investment, stimulating the vitality of private investment, and promoting high-quality economic and social development.
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