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Representatives from the Jiangqiao government and Shanghai Bank attend the signing ceremony. [Photo/jiading.gov.cn] |
The government of Jiangqiao town, Jiading, Shanghai, signed a strategic cooperation agreement with the Shanghai Bank on July 24 in a bid to boost regional economy and development, the Chinese-language Jiading Daily reported.
Taking city and industry integration and creating desirable environment for living and working with fully-fledged infrastructures as its constructive strategic goal, Jiangqiao has been making considerable efforts to enhance the headquarters economy and to form industrial clusters featuring cultural information, e-commerce, financial service and intelligent industry, which requires close cooperation between the government and financial institutions.
As one of the fast-developing Chinese commercial banks, the Shanghai Bank has boasted powerful capital strength by raising its profitability, optimizing assets structure and issuing targeted shares. It will deepen cooperation with Jiangqiao and improve financial services to promote the regional economic and social development.
While Jiangqiao will focus on infrastructure development and major projects launching, the Shanghai Bank will provide convenient, comprehensive and targeted financing, according to the cooperation agreement.
Edited by Mevlut Katik