FILE PHOTO: A sign of China Construction Bank is seen at its booth at the 2020 China International Fair for Trade in Services (CIFTIS) in Beijing, China September 4, 2020. REUTERS/Tingshu Wang/File Photo
FILE PHOTO: A sign of China Construction Bank is seen at its booth at the 2020 China International Fair for Trade in Services (CIFTIS) in Beijing, China September 4, 2020. REUTERS/Tingshu Wang/File Photo
Home » News » Business & Economy » China Construction Bank pledges to provide $1.10 trillion financing for private economy
Business & Economy

China Construction Bank pledges to provide $1.10 trillion financing for private economy

BEIJING (Reuters) – China Construction Bank, one of the country’s biggest commercial lenders, said on Tuesday that it would aim to provide no less than 8 trillion yuan ($1.10 trillion) in financing for the private economy by the end of 2027.

($1 = 7.2575 Chinese yuan renminbi)

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(Reporting by Beijing Newsroom, Editing by Louise Heavens)

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