The Industrial & Commercial Bank of China will offer 300 billion yuan ($41 billion) in financing to boost the nation's tourism sector in the world's second-largest economy.

The bank, also known as ICBC, and the ministry will work together on key tourism-related construction projects, according to the statement. Some tourism agencies based in several Asian cities including Seoul, Tokyo, and Thailand also signed agreements with ICBC's branches.

Editor Ⅰ: Zhang Wenwen

Editor Ⅱ: Wu Dan

Editor Ⅲ: Liu Guosong