ChemChina Achieved Support from China Development Bank

摘要

China Development Bank signed financial cooperative agreement for development with ChemChina on November 24th,2005.China Development Bank will provide within five years a line of credit of a total of RMB20 billion and a credit space of RMB40 billion to support ChemChina's merger,reform,key projects and renovation in new chemical material field,and to promote the structural readjustment,optimization and upgrading of China's chemical industry.