The Matchmaking Symposium between Hubei key projects and banking units was held in Wuhan recently, according to Yichang Administration Office of Major Construction Projects (YAOMCP). 11 key projects in Yichang signed the contract at the meeting and the number of signed projects ranked 2nd in Hubei Province. The amount of financing reached RMB 5.028 billion (about $0.81 billion), increasing by RMB 1.038 billion (about $0.17 billion) compared with last year.
　　The key projects were lack of construction funds due to factors like weak enterprise guarantee and pledge, limited loan commitment and economic downturn etc. YAOMCP regarded financing difficulty as top priority and organized key project enterprises to attend the bank & enterprise matchmaking meeting in Hubei for economic and social development, as well as economic quality upgrading.
　　Yichang Central Business District (CBD) signed the loan with an amount of RMB 1.8 billion (about $0.29 billion), Ziyun Railway RMB 0.83 billion (about $0.13 billion) and 6 industrial project RMB 1.398 billion (about $0.22 billion) etc. 8 banks in Yichang attended the signing ceremony, among which ICBC (Industrial and Commercial Bank of China) signed RMB 2.13 billion (about $0.34 billion), ECITIC (China CITIC Bank) RMB 1.15 billion (about $0.18 billion), SPDB (Shanghai Pudong Development Bank) RMB 0.6 billion (about $0.096 billion). (Reporter: Pei Shujing, Correspondent: Li Kaiyun)