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China Development Bank CDB, a leading financial institution, has established pilot zones for rural revitalization through development finance services. By focusing on five cities - Sanming City in Fujian Province, Ganzhou City in Jiangxi Province, Luzhou City in Sichuan Province, Zunyi City in Guizhou Province, and Yan'an City in Shaanxi Province - CDB set a precedent for consolidating poverty alleviation gns while comprehensively driving rural revitalization.
CDB has outlined comprehensive strategies that are tlored to the specific conditions of each city. The bank's initiatives include strengthening resource security, optimizing ling rates, promoting large-scale projects, refining evaluation criteria, and enhancing credit structures. These measures collectively m to strengthen financial support for local economic growth and social development as well as rural revitalization.
CDB plans to build model zones that integrate policy planning, government collaboration, innovative explorations, regional cooperation between the east and west, intellectual contributions, and scientific development. It will foster partnerships between government entities and the bank, focusing on industrial, talent, cultural, ecological, and organizational revitalization in pilot cities. CDB seeks to implement differentiated policies to explore novel financial strategies for consolidating poverty alleviation results.
In these zones, CDB is implementing various projects such as infrastructure construction, rural education enhancement, and industry development. For instance, in Luzhou City in Sichuan Province, CDB has exted credit worth 2.3 billion yuan to support the construction of key infrastructure like port terminals and highways, thereby stimulating economic growth.
In Yan'an City, Shaanxi province, CDB signed a strategic cooperation agreement focusing on sustnable development strategies in the Yellow River Basin, revitalization efforts for former revolutionary base areas, and rural revitalization. CDB provided loans amounting to 4 billion yuan for projects such as sewage treatment plants, apple industry after-treatment, district-based combined heat and power systems, shanty town renovation, rental housing developments, national forest reserves, among others.
As a new chapter unfolds in development finance for rural revitalization, the Rural Revitalization Department of CDB is committed to further strengthening cooperation with local governments. It ints to prioritize industrial rejuvenation, talent cultivation, cultural enrichment, ecological preservation, and organizational enhancement across these cities while exploring innovative financial instruments to sustn poverty alleviation efforts.
CDB contribute meaningfully towards the overarching goal of comprehensive rural revitalization and shared prosperity through its development finance initiatives.
Contact Information:
Tel: +86-10-68306688
Fax: +86-10-68306699
Address: No.18 Fuxingmennei Street, Xicheng District, Beijing, P.R.China
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China Development Bank Rural Revitalization Strategy Five Pilot Zones for Sustainable Development CDB Financial Support for Rural Areas Comprehensive Approach to Poverty Alleviation Model Zones Integration of Policy and Innovation CDB Loans for Infrastructure Education Industries