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ABC to provide 200 bln yuan financial support to Dalian
BY 2017-08-07 09:35:33

(DALIANNEWS)- Dalian Municipal Government signed a strategic cooperation agreement with the Agricultural Bank of China(ABC) in Dalian, a port city of Northeastern China’s Liaoning Province, August 4, 2017.

According to the agreement, the Agricultural Bank of China will provide 200 billion yuan intentional extensive financial support to the city of Dalian from 2017 to 2020 in fields of farming career, infrastructure construction, new type urbanization development, real economy, free trade zone, state-owned enterprise reforms and other aspects.

During the signing ceremony, Mayor Xiao Shengfeng gave a detailed introduction on the city’s economic and social development as well as regional financial center construction.

“The Agricultural Bank of China(ABC) has provided strong financial support to Dalian in real economy, major infrastructural construction and the dimensional rural issues including agriculture, countryside and farmers in recent years, making great contribution to the city’s economic and social development.”, said Mayor Xiao Shengfeng.

The city of Dalian is taking lots of substantial opportunities such as a new round of comprehensive rejuvenation strategy of northeastern old industrial base implemented by the central government, the development of construction of Jinpu New Area and the operation of Dalian Area of Liaoning FTZ, to further enlarge opening-up and accelerate the adjustment of industrial structure, improving the quality and profit of economic development gradually.

“We hope the Agricultural Bank of China(ABC) will continue to support the innovation development in Dalian, and also increase the funding and strengthen financial products and service innovation so as to provide more financial support for the new round of all-round rejuvenation in Dalian.”, added Mayor Xiao.

“Dalian has a sound environment in both finance and credit and also a great potential for development. ABC will focus on the city’s development strategy with financial products innovation and service range extension so as to support a new round of revitalization and development in Dalian.”, said Zhao Huan, president with the Agricultural Bank of China(ABC).

(Editor:Grace) (From:DALIANNEWS)
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