BEIJING, Feb. 11 (Xinhua) — Agricultural Bank of China, one of the country’s largest commercial lenders, reported that its loan balance for strategic emerging industries rose more than 65 percent in 2023, compared with a year earlier.
The entity noted that it has adjusted financial support for the scientific and technological innovation system and strengthened financial services related to technology.
At the same time, he added that he has created tailored mechanisms for technological financing and has established 19 service centers for this purpose in areas with active innovation initiatives in science and technology. Likewise, it has arranged more than 200 branches that serve the same purpose, thus improving the capacity and efficiency of professional services.
China is actively implementing its innovation-driven development strategy and has set important development goals for 2035. The country aims to join the list of the world’s most innovative and have great self-reliance and strength in science and technology.
2024-02-11 12:30:34
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