Manufacturing News

Datang Receives RMB30 Billion Bank Loan

Datang Telecom has signed a cooperation agreement with China Development Bank to receive a RMB30 billion loan for Datang to develop its TD-SCDMA service.

Datang Telecom has signed a cooperation agreement with China Development Bank to receive a RMB30 billion loan for Datang to develop its TD-SCDMA service.

Analysts quoted in local media say this move will help Datang Telecom solve the fund shortage that it has been facing for a long time.

According to the agreement, the two sides will combine each of their advantages and China Development Bank will provide a full range of financial services to Datang Telecom and support the company's scaled TD-SCDMA construction over the long term.

The cooperation is part of the parties' efforts in implementing the national self-innovation strategy and fully promoting the development of China's communications industry.

Most Viewed in 24 Hours

Special

Start a Digital Twin Journey from Engineering Simulation

Accenture releases survey of digital transformation

CIMC Reduces Unplanned Downtime by 30% with Greater Operational Insight from ThingWorx

Ansys Simulation Speeding up Autonomous Vehicles

回到顶部
  • Tel : 0086-27-87592219
  • Email : service@e-works.net.cn
  • Add: 3B1 International Business Center, No. 18 Jinronggang Road (No.4), East Lake High-tech Development Zone, Wuhan, Hubei, PRC. 430223
  • ICP Business License: 鄂B2-20030029-9
  • Copyright © e-works All Rights Reserved