Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Economy

ICBC to provide 100 bln yuan for development of marine economy

August 31, 2018


Abstract : Industrial and Commercial Bank of China (ICBC) will provide 100 billion yuan in financing for the development of marine economy in five year.

BEIJING, Aug. 30 (Xinhua) -- Industrial and Commercial Bank of China (ICBC) will provide 100 billion yuan in financing for the development of marine economy in five year, according to a guideline jointly released by Natural Resources Ministry and ICBC.

According to the document, the development of key areas, including transformation of traditional marine industry, development of marine emerging industry, promotion of marine service, construction of major marine infrastructure and green development of marine economy, will be supported. And financial support will be provided to northern, eastern and southern marine economic circles, as well as the Belt and Road marine cooperation.

Meanwhile, ICBC will launch a package of diversified marine financial service products, serve a number of sea-related key enterprises, support a series of major marine projects, and promote the transformation of the marine economy from high-speed growth to high-quality development. (Edited by Bao Nuomin, baonuomin@xinhua.org and Tong Wei, tongwei@xinhua.org)

Scan the QR code and push it to your mobile phone

Keyword: ICBC Marine-economy

Most Read

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial