Original title: China Development Bank granted 40.6 billion yuan of science and technology loans in the first four months
China news agency, Beijing, May 24 (Reporter Wang Enbo) Chinese financial institutions are continuing to bring "patient" funds to technology enterprises. Reporters learned from the China Development Bank on the 24th that from January to April this year, the bank granted 40.6 billion yuan (RMB, the same below) in scientific and technological loans, of which about 40% specifically supported scientific and technological innovation and basic research.
The original innovation from "0" to "1" is the focus of China Development Bank. Since 2021, the Bank has set up special loans for scientific and technological innovation and basic research. Up to now, the Bank has granted more than 277 billion yuan accumulatively, supported the research and development of key technologies and basic cutting-edge technologies, and helped promote the layout and construction of major scientific and technological infrastructure. The construction of Anhui Hefei Comprehensive National Science Center and Beijing International Science and Technology Innovation Center has received corresponding financial support.
China Development Bank disclosed that among its science and technology loans issued in the first April of this year, the special loans for scientific and technological innovation and basic research reached 16.5 billion yuan, focusing on supporting the development of integrated circuits, mechanical equipment and industrial automation, basic materials, new energy technology applications, biomedicine and other fields.
Focusing on services from "1" to "100", let more scientific and technological innovation achievements move from laboratories to production lines. China Development Bank has increased its support for strategic emerging industries and precisely supported leading enterprises and key node enterprises in key industrial chains.
Wanhua Chemical Group Co., Ltd. is a leading enterprise in the field of high-end chemical new materials in China, and has achieved more than 100 major scientific and technological achievements in independent research and development and transformation. Shandong Branch of China Development Bank recently granted a loan of 660 million yuan to Wanhua Chemical to support its innovative research and development of products, technologies and processes in fine chemicals, high-performance green new materials and other fields.
While providing credit support, CDB also uses capital tools such as industrial investment funds to guide and drive social long-term capital to jointly provide "patient" funds for scientific and technological innovation. By the end of April this year, China Development Bank had supported nearly 100 technology-based enterprises through investment and loan linkage, helping many enterprises to go public on the science and technology innovation board.
