Qingdao Refining Project Acquires RMB2.2 BLN Loan

摘要

On November 29th.China Development Bank Qingdao Branch and Sinopec Qingdao Refining and Chemical Co..Ltd.held a signing ceremony in Beijing for loaning RMB2.2 billion to Qingdao 10 million t/a refining project.The signing of the- contract will further speed up the construction of the refining project in Qingdao.Shandong province,eastern China.China Development Bank and Sinopec Corporation have already signed the "Agreement on Long-term Strategic Cooperation".The 10 million t/a refining project in Qingdao is regarded by both sides as one of the major cooperation projects.