CCCC signs strategic cooperation agreement with China EXIM Bank in presence of key leaders from both sides

Source:Finance DepartmentTime:2017-05-08

On May 4, CCCC and the Export-Import Bank of China (China EXIM Bank) signed a strategic cooperation agreement worth RMB 200,000 million in Beijing. Under the agreement, the two sides will forge a solider strategic partnership. Chairman and Party Secretary Liu Qitao, President Chen Fenjian and Vice President Sun Ziyu of CCCC; Chairman Hu Xiaolian, President Liu Lian'ge and Vice President Sun Ping and Yuan Xingyong of China EXIM Bank attended the signing ceremony. Chen and Liu signed the agreement on behalf of respective sides.

At the signing ceremony, Liu thanked China EXIM Bank for its strong support to CCCC. The two sides carried out multi-level cooperation in fields such as foreign economic and trade development, cross-border investment and "Belt and Road" construction, and achieved encouraging results, said Liu. Supported by China EXIM Bank, CCCC will strive to play a more important role in implementing major national strategies and national economic development, and further show its responsibility as a central enterprise.

China EXIM Bank will perform its function as a policy-related bank, promote CCCC's involvement in higher-level foreign economic cooperation in a broader range, and provide all-round financial support for CCCC to implement the "Belt and Road" initiative and the strategy of "Beijing-Tianjin-Hebei integration", said Hu.

The signing of the strategic cooperation agreement shows the bank's efforts to serve national strategies and support the construction of the domestic open economy, and will effectively promote CCCC's foreign economic trade and investment and involvement in international economic cooperation. Under the agreement, under the principles of "all-round collaboration, equity and mutual benefit, long stability and common development", the two sides will carry out business cooperation in fields such as project development, construction and investment, credit support, information consultation and trade finance, innovate and upgrade the cooperation model on this basis, and consolidate the cooperation foundation, so as to better serve the society.