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ICBC to Provide RMB100B Intentional Financing Support to Wuhan Development Zone
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The Wuhan Development Zone and ICBC (01398.HK) (601398.SH) Hubei Branch entered into a comprehensive strategic cooperation agreement. The ICBC Hubei Branch will provide intentional financing support of not less than RMB100 billion to the affiliated enterprises or introduced enterprises of the Wuhan Development Zone in accordance with the principle of marketization, and launch long-term and comprehensive cooperation with the Wuhan Development Zone in various areas such as major project construction, industrial transformation & upgrading as well as urban and industrial integration development, so as to inject financial resources into the Wuhan Development Zone for accelerating the construction of a modern industrial system and the innovation highland for the industry. AAStocks Financial News |
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