BEIJING: China Development Bank (CDB) will provide 360 billion yuan (US$50.5 billion) of financing support to the Guangdong-Hong Kong-Macao Greater Bay Area in 2020 as authorities called for further efforts to promote the development of the area.
The financing includes 290 billion yuan of loans, and a total of 110 billion yuan will be spent on technology innovation and strategic emerging industries, according to the CDB.
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