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Press Release
CMB, Huangpu Ink Cooperation Agreement
Source:【www.sh.chinanews.com】 2017/12/7

On the 5th Bund Global Financial Summit of 2017, held in Shanghai on November 20, Shanghai Branch of China Merchants Bank Co., Limited (CMB) signed a strategic cooperation agreement with the Huangpu District Government, ranking among the five banks establishing strategic cooperative relationships with the district government. Officials attending the signing ceremony included Gao Yun, District Party Chief and District Governor, Chen Zhuofu, Standing Member of the CPC District Committee and Deputy District Governor, Li Delin, President of CMB Shanghai Branch and Ye Jin, Vice President of CMB Shanghai Branch.

Relying on principles of win-win cooperation, mutual benefits, joint advantages as well as equality and trust, the two parties fully take advantages of governmental organizations and financial services to build a comprehensive strategic cooperative relationship, vigorously boosting sustainable development of the district’s economy.

All-dimensionally and compositely, CMB will substantively provide professional financial consulting services for the district government in aspects including city updating, industry upgrading, bringing in commerce investment, smart city, banking retails, maintaining stability of regional finance. All this aims to fully exert functions of finance serving reality economy, establish new-type cooperative relationships between banks and governments as well as highlight its features in promoting steady development and reformative innovation of Chinese finance, serving construction of Shanghai into an international financial center and facilitating the development of the Bund finance clusters and so forth, eventually achieving mutual benefits and win-win progress.