ADB extends loan
Source: Xinhua |
January 16, 2013, Wednesday
|
Print Edition
Print Edition
THE Asian Development Bank has extended a US$275 million loan to China to help its bus operators shift their fleets to cleaner fuel, a move that is seen to cut growing air pollution in Chinese cities.
The Manila-based lender said yesterday the loan will be given to five top-tier financial leasing companies in China to fund leased buses that run on cleaner fuel such as compressed natural gas and liquefied natural gas as well as electric and hybrid buses. The financing program is estimated to lease at least 5,000 clean buses by 2018, to be deployed in key cities and help China cut its carbon emissions.
The Manila-based lender said yesterday the loan will be given to five top-tier financial leasing companies in China to fund leased buses that run on cleaner fuel such as compressed natural gas and liquefied natural gas as well as electric and hybrid buses. The financing program is estimated to lease at least 5,000 clean buses by 2018, to be deployed in key cities and help China cut its carbon emissions.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
