Sinopharm Group Hubei 2020 Emergency loan Program

Updated: September 9, 2022 Source: China Development Bank
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This program, which supported procurement of emergency supplies for epidemic control, helped Sinopharm Group Hubei Co., Ltd. handle distribution of over 85 percent of the emergency supplies in Hubei Province in 2020, effectively ensuring related supplies needed for epidemic control and response. CDB issued one billion yuan loans to the program and all of the loans were disbursed within 24 hours.

Editor: Duan Jing