State Development Bank Disburses 213.3 Billion Yuan in Tech Upgrade Loans Through May 2026

According to Xinhua News Agency, China's State Development Bank has cumulatively disbursed 213.3 billion yuan in technology upgrade and equipment renovation loans as of end of May 2026, supporting 366 enterprises and 507 projects across industrial, energy, transportation, and logistics sectors. Approximately 70 percent of the funds were directed toward upgrading traditional industries in areas of intelligence, environmental sustainability, and high-end capabilities.
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