Policy-based development financial instruments are exerting force, and the three major banks have disclosed the latest progress to support infrastructure investment

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Since the second half of the year, policy-based development financial instruments have played an important role in supporting infrastructure construction and stabilizing the overall economic market. A few days ago, the China Development Bank announced that as of the end of the third quarter, the CDB Infrastructure Investment Fund had invested 360 billion yuan in capital to support more than 800 projects. The Agricultural Development Bank of China said that on October 12, the bank has fully completed the investment of 245.9 billion yuan in the Agricultural Development Infrastructure Fund, supporting 1,677 infrastructure projects, involving a total project investment of nearly 3 trillion yuan. In terms of the Export-Import Bank of China, as of October 12, the Jinyin Infrastructure Fund has completed the fund placement task of 68.4 billion yuan, supporting 114 major projects, driving a total project investment of nearly one trillion yuan. (China Securities Journal)
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