On February 28, the docking meeting of developmental finance cooperation projects between Chenzhou and China Development Bank (CDB) Hunan Branch was held and made the docking on the construction of major projects in the fields of infrastructure, social livelihood, industrial development, ecological protection and poverty alleviation.
Since 2001, Chenzhou and China Development Bank have established the strategic partnership and built a new type of banking and government development financial model. The investment funds of CDB has involved in the city's education, pension, traffic construction, affordable housing projects, Xiangjiang River Basin management and many other fields. As of the end of 2016, CDB had committed a total of 35 billion yuan of loans, 17.5 billion yuan of extending loans and 12 billion yuan of loan balance. Among them, 26 projects were signed with our city and loans were amounted to 12.7 billion yuan in 2016. At the same time, CDB gave full play to the advantages of financial innovation, through the cooperation between Hunan Kaiyuan Fund of CDB and the City Investment Group, established the Tangwei District Development Company and created a new financing model in Chenzhou land area.
The meeting introduced that, in the 353 major (key) projects of Chenzhou, a total of 103 projects would require the financing, a total investment of 59.85 billion yuan in 2017. And Chenzhou would request CDB Hunan Branch to give priority support in the fields of major (key) construction projects, rural integrated service platform, pilot demonstration town construction of industry town integration, renovation of shanty towns and city level eight categories of project financing in 2017.
Vice Chairman of CDB Hunan Branch Yang Xinjie and Vice Mayor Li Wuyi attended the meeting.