BEIJING (Reuters) - Bank of China Ltd (BoC) will provide 30 billion yuan (£3.4 billion) financing for the winter sports industry over the next seven years, said its chairman.
The sum will be provided from 2018 to 2024, BoC Chairman Chen Siqing said at a press conference held in Beijing on Tuesday. China is hosting the 2022 Winter Olympics.
Reporting by Shu Zhang in Beijing and Brenda Goh in Shanghai; Writing by Engen Tham; Editing by Subhranshu Sahu