Chinese banks to lend 380 billion RMB to support Belt and Road cooperation

BEIJING, May 14 (Xinhua) -- Two Chinese banks will set up special lending schemes worth a total of 380 billion yuan (about 55.1 billion U.S. dollars) to support Belt and Road cooperation, President Xi Jinping said Sunday.

Xi made the announcement at the opening ceremony of the two-day Belt and Road Forum for International Cooperation in Beijing.