China Development Bank will issue more than 40 billion yuan in medium and long-term loans to the logistics industry in 2023. In 2023, the bank will focus on key areas such as national logistics hubs, national backbone cold chain logistics bases, and material reserves.

By optimizing the allocation of credit resources and differentiated credit policies, we will help build a modern logistics operation system of "channel + hub + network," the head of the Transportation Business Department of the China Development Bank said. (over)