China Development Bank offers loan support for specialized, sophisticated SMEs

Beijing Review | Oct 13, 2022 at 2:00 AM
  • China Development Bank (CDB), one of the country’s policy banks, has provided financial support for specialized and sophisticated small and medium-sized enterprises (SMEs).
  • A total of 13.1 billion yuan (about $1.84 billion) in loans was granted in the first three quarters of 2022, providing support for the high-quality development of 115 specialized and sophisticated SMEs that produce novel and unique products.