XIANNING - Xianning municipal government and Bank of Communications (BOCOM) Hubei Branch on Wednesday afternoon signed comprehensive strategic cooperation agreement: the latter will newly grant credit of 20 billion yuan to Xianning during the period of the “13th Five-Year Plan”. The Party Secretary Ding Xiaoqiang, Gao Xinhua (Party Secretary and President of BOCOM Hubei Branch), and the Deputy Secretary Wang Yuanhe attended the signing ceremony.
Both sides agree to support the construction of Xianning high-tech zone, Xianjia ecological culture town belt, Mufu Mountain green industrial belt, big culture, big tourism and big health industries guided by “innovation-driven, green rising” concept, to promote targeted poverty alleviation in Mufu Mountain area, and to support Xianning to build the city of osmanthus fragrans and hot spring, “green heart” in central China, and international ecological city.
During the period of the “13th Five-Year Plan”, BOCOM Hubei Branch will continue to increase credit aid for Xianning, striving to expand banking system credit through loan, fund, bill, letter of credit, letter of guarantee, entrust loans, and overseas financing business.
According to the agreement, BOCOM Hubei Branch will newly grant credit of 20 billion yuan to Xianning during the period of the “13th Five-Year Plan, of which 18 billion yuan is for key construction projects, including Xianning ecological sports center, Dazhou Lake ecological demonstration area, Mufu Mountain area tourism project, underground comprehensive pipe gallery, financial harbor, interbank market debt financing tool, logistics park, etc.; 2 billion yuan for small and medium enterprises. Meanwhile it will establish investment development fund to support key development projects in Xianning, such as culture, tourism, health, emerging industry, to meet the fund demand for developing green and healthy Xianning.
Xiong Zhengyu (Member of the Standing Committee and First Deputy Mayor of Xianning) and Li Shanhong (Vice President of BOCOM Hubei Branch) signed the agreement on behalf of both sides respectively, and He Zhixiong (Deputy Mayor of Xianning) attended the signing ceremony. By Zhu Zhe and Pan Xi (www.xnnews.com.cn)