SZSE Signs a Cooperation Agreement with China Development Bank

SZSE Signs a Cooperation Agreement with China Development Bank

SZSE Signs a Cooperation Agreement with China Development Bank

The FINANCIAL -- On September 1, Shenzhen Stock Exchange and China Development Bank  held a top group conference in Beijing and entered into a developmental financial cooperation agreement.

Both parties will give play to market resources advantage and financing advantage, continue to promote financial innovation, enrich the layers and products of financial markets, prevent and dissolve financial risks, and propel the reform and development of financial markets together, Shenzhen Stock Exchange reported.

According to the agreement, both parties will serve the state’s innovation-driven strategy, promote the development of strategic emerging industries, and push forward the implementation of the “Made in China 2025”, “Internet Plus” and other action plans; both parties will enhance customer marketing ability, assist enterprises to be better and stronger, and support listed companies’ financing needs with leverage of capital markets and the rolling development of CDB’s “Letter of Investment, Loans, Bonds and Lease”; both parties will comprehensively promote product innovation, explore cooperation in fields of credit and enterprise asset securitization, and strengthen the cooperation in the issuance of financial debts; both parties will share resources and information, carry out cooperation in aspects of key enterprises database, business case analysis, etc., strengthen the construction of financial risk prevention, and safeguard the stability of financial markets; both parties will carry out planning cooperation and financial research, and organize joint business trainings; both parties will serve the state’s strategic implementation of “One Belt and One Road”, promote cooperation in aspects of international project review, overseas capital markets, etc., and expand the opening to the outside world and strengthen international exchanges.