As of the end of April, the China Development Bank had issued over 24 billion yuan in medium- and long-term loans to the field of historical and cultural preservation and inheritance.

On May 19, a reporter learned from the China Development Bank that, as of the end of April this year, the Bank had cumulatively issued more than 24 billion yuan in medium- and long-term loans for the historical and cultural preservation and inheritance sector. It has actively supported the effective protection and living heritage transmission of historic cultural cities, districts, and towns, as well as the restoration and reasonable utilization of immovable cultural relics and historic buildings, thereby advancing the implementation of a number of projects with demonstrative effects. (Photo provided by the China Development Bank)

A person in charge of the Social and Livelihood Business Department of the China Development Bank said that the next step will be to implement the “15th Five-Year Plan” outline, strengthen its functional positioning, focus on its primary responsibilities and core business, and actively support the overall protection of historic cultural cities, towns, and villages, as well as historic cultural districts, helping to revitalize and utilize immovable cultural relics, historic buildings, industrial heritage, and more, and making a contribution to the preservation and inheritance of urban and rural historical and cultural heritage. (Xinhua News Agency)

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