State Development Bank: A total of 213.3 billion yuan in loans has been issued for technology upgrades and equipment updates.

Today, it was learned from the China Development Bank that over the past two years since the implementation of the country's "two new" policy, the bank has fully utilized its advantages in medium and long-term investment and financing, focusing on supporting large-scale equipment upgrades, coordinating with relevant ministries to promote project lists, and actively providing financial services. As of the end of May this year, the China Development Bank has cumulatively issued 213.3 billion yuan in loans for technological upgrades and equipment updates in the industrial, energy and power, transportation, and logistics sectors, supporting 366 enterprises and 507 projects. Among them, nearly 70% were invested in the transformation and upgrading of traditional industries in areas such as intelligent, green, high-end, and integrated upgrades.