President of Postal Savings Bank of China (PSBC) Lü Jiajin signed a strategic cooperation agreement with China Oceanwide Executive Board Director and President Han Xiaosheng at a ceremony in Beijing on November 13.
The two parties will establish a comprehensive strategic partnership to promote pragmatic cooperation on the basis of equality, mutual benefit and common development.
PSBC President Li Guohua and China Oceanwide President Lu Zhiqiang attended the event.
PSBC has maintained good long-term cooperation with China Oceanwide, especially in recent years when the two sides have been closely related in strategic credit and financial cooperation. Mutual trust has been built continuously and the foundation of cooperation has been further strengthened.
The signing of the agreement is a practical action to carry out the spirit of the 19th National Congress of the Communist Party of China (CPC) and the 5th National Financial Working Conference, an important measure to implement the relevant requirements of financial services and a positive practice for state-owned financial institutions and key private enterprises to complement each other and strengthen cooperation.
According to the agreement, the two sides will make full use of leading positions in their respective fields to strengthen pragmatic cooperation in finance, investment, industry, information and data, financial technology, fire security, culture and media, brand promotion, poverty alleviation, social welfare and other aspects, serving the growing needs of people and the real economy.