Henan loan 1 trillion is true. On July 4th, 2023, China Bank and Henan Provincial People's Government signed a comprehensive cooperation agreement on financial support for Henan's "two guarantees" and "ten strategies". Bank of China will provide diversified financial services in the fields of infrastructure, industrial transformation and upgrading, urban upgrading, people's livelihood security, social undertakings, etc. In the next five years, it will provide intentional financial support in local and foreign currencies totaling 1 trillion yuan to serve regional economic and social development.