China Post and CSCEC start strategic cooperation

China Post and China State Construction Engineering Corporation (CSCEC) signed a strategic cooperation framework agreement in Beijing recently.

China Post and China State Construction Engineering Corporation (CSCEC) signed a strategic cooperation framework agreement in Beijing recently.

According to the agreement, the two parties will carry out strategic cooperation in major project construction, joint development of real estate, integration of industry and finance, financing, express logistics, etc.

In terms of major project construction cooperation, the two parties will actively expand in-depth cooperation in major project construction scheme design, construction drawing design, construction and general contracting.

In terms of joint development and cooperation in real estate, the two sides will actively promote cooperation in land and old building reform to promote the preservation and appreciation of state-owned assets.

In terms of cooperation between industry and finance, the two sides serve major national development strategies of the country, and carry out industrial investment and industrial introduction cooperation around the construction and revitalization of various large-scale infrastructure projects to add vitality to local economies.

In terms of financial cooperation, cooperation will be carried out in the areas of bank-enterprise direct investment, investment banking and financial markets, supply chain financial services, personal financial services, corporate financial services and insurance business, and securities business.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/28/china-post-and-cscec-start-strategic-cooperation/.

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