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The Zhongshan People's Government and Guangdong Branch of China Development Bank (CDB) on December 14 signed a Memorandum of Cooperation on cooperative finance development during the 14th Five-Year Plan period. CDB Guangdong Branch will invest in Zhongshan as one of the key support areas and grant Zhongshan a credit line of 100 billion yuan over the 14th Five-Year Plan period.

According to the agreement, during the 14th Five-Year Plan period, CDB Guangdong Branch will provide Zhongshan with support in such areas as infrastructure construction, major industrial platform and cluster building, rural revitalization, new-type urbanization and key technological projects.