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China Daily / 2023-12 / 07 / Page013

CCB to boost support for real economy

By SHI JING in Shanghai | China Daily | Updated: 2023-12-07 00:00

China Construction Bank will further improve its ability to serve the real economy by supporting the high-end, smart and green transition of the manufacturing sector, said its chairman Tian Guoli in an exclusive interview with Xinhua News Agency published on Wednesday.

CCB will coordinate the development between green finance, infrastructure, inclusive financing and rural revitalization. To better facilitate the development of the private sector, CCB will devise tailor-made supply chain financial service solutions for micro, small and medium-sized enterprises, Tian said.

At present, the balance of CCB's inclusive loans has exceeded 3 trillion yuan ($420 billion), with a compound annual growth rate of more than 40 percent over the past five years. The bank will further deepen the digitalization of inclusive finance so that their services can be more accessible, said Tian.

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