6.94 billion yuan of credit were granted by the participating banks to enterprises in Dafeng District, Yancheng city, at the 2018 Dafeng Government Bank Cooperation Summit held on Wednesday. 18 banks signed financial cooperation agreements with 36 companies in Dafeng, including the agreements reached between China Merchants Bank Dafeng Branch and Jiangsu Fengshan Group Co., Ltd., Industrial and Commercial Bank and Jiangsu Senwei Precision Forging Co., Ltd. the loan was granted to support high-end manufacturing and green manufacturing development. From January to October, Dafeng ranked first in Yancheng in terms of its industrial invoice sales, industrial electricity consumption, total foreign trade import and export, financial loan balance and increment, enabling it to be placed 84th in the country’s top 100 districts of comprehensive strength.
(Source: ourjiangsu.com)
