(Yicai Global) Jan. 23 -- China Development Bank, one of the country's policy banks, issued a total of CNY 261.9 billion (about USD 38.68 billion ) of loans to support the country's science and technology innovation in 2022.

Over 90 percent of the loans were mid-term and long-term loans, the bank said.

The loans mainly went to sectors including integrated circuits, biological breeding, aerospace science and technology, and intelligent robots.

Editor: Chen Juan