On August 4, 2022, the Chongqing Municipal Bureau of Transportation and the Chongqing Branch of the Agricultural Development Bank of China held a centralized signing ceremony for strategic cooperation agreements. A total of over 10 billion yuan of funds for strategic cooperation agreements and over 2 billion yuan of loan agreements were signed. According to reports, this centralized signing signifies that Chongqing Transportation System and the Agricultural Development Bank of China have built an all-round, three-dimensional and multi-level strategic cooperation pattern. , to a new level, to achieve the joint development of government, banks and enterprises, mutual benefit and win-win situation.

According to the relevant person in charge of the Chongqing Highway Affairs Center, in 2022, Chongqing plans to build 3,200 kilometers of Sihao rural roads. As of July, 2,687 kilometers have been completed, involving districts and counties such as Wanzhou, Wulong, Nanchuan, and Fengjie. Newly solved 413 villagers' groups to pass through hardened roads, completed 2,518 kilometers of rural highway security projects, and completed the renovation of 77 dilapidated and old bridges.

During the 14th Five-Year Plan period, Chongqing plans to rebuild 16,000 kilometers of rural road network and 4,000 kilometers of trunk roads, with a planned total investment of 70 billion yuan. Townships and towns are connected to third-level and higher-grade roads, natural villages (groups) with large population scales are connected to hardened roads, the construction of two-lane roads in organic villages and the widening and reconstruction of rural roads shall be promoted, and the rural road network shall be further improved; the construction of road sections to be penetrated and the expansion and reconstruction of bottleneck road sections shall be accelerated. , upgrade and renovate ordinary national and provincial highways and low-level highways, promote the construction of passages from Xinjiang to Tibet, and border passages; vigorously develop the construction and reconstruction of transportation facilities, service facilities, and logistics facilities supporting rural road networks, and improve resource allocation efficiency and sustainable development capabilities.

Government-Bank Cooperation

At the signing ceremony, Wanzhou District, Beibei District, Tongliang District, Chengkou County Transportation Bureau signed a strategic cooperation agreement with the Agricultural Development Bank of China sub-branch, Jiulongpo District, Zhong County and the Agricultural Development Bank of China Dadukou District, Zhongxian Sub-branch Sign a loan agreement.

At present, a total of 25 districts and counties in Chongqing have policy-based loan financing intentions. The investment in nearly 2,000 projects involving ordinary highways exceeds 70 billion yuan, and it is estimated that bank financing will exceed 20 billion yuan. Editor/He Yuting