Tianjin Bohai Steel receives credit line

Newly-built Tianjin Bohai Iron and Steel Group will receive 100 billion yuan credit line from eight local financial institutions for developing itself into a novel, first-class steel production base of competitive, high quality steel.

These banks include the Tianjin branches of Bank of China, China Construction Bank, China Merchants Bank, China CITIC Bank, Tianjin Bank and so on.