The strategic cooperation between the All-China Federation of Industry and Commerce and China CITIC Bank was officially launched to jointly support the high-quality development of the private economy

On October 26, the All-China Federation of Industry and Commerce (hereinafter referred to as "All-China Federation of Industry and Commerce") and China CITIC Bank held a strategic cooperation launching ceremony
in CITIC Tower in Beijing.
Gao Yunlong, Vice Chairman of the National Committee of the Chinese People's Political Consultative Conference and Chairman of the All-China Federation of Industry and Commerce, Zhu Hexin, Chairman of CITIC Group, Xi Guohua, General Manager of CITIC Group, and Fang Heying, President of China CITIC Bank, attended the event
.

According to the strategic cooperation agreement signed by the two parties, the All-China Federation of Industry and Commerce and China CITIC Bank will give full play to their respective advantages and cohesion, focusing on six major cooperation scenarios, including support for small, medium, and micro private enterprises, comprehensive services for entrepreneurs, technology empowerment and digital services, support for mixed reform of state-owned enterprises, "going global" of private enterprises, and brand co-construction, to deepen the construction of private enterprise customer groups and jointly promote the sustainable and healthy development of
the private economy.

Gao Yunlong pointed out that financial activity is economic activity
.
The healthy development of the private economy is inseparable from the strong support
of banks and other financial institutions.
The All-China Federation of Industry and Commerce will continue to guide federations of industry and commerce at all levels, take the initiative to strengthen communication and ties with China CITIC Bank and other financial institutions, carry out in-depth cooperation, strive to promote the implementation of a series of central financial policies to benefit enterprises, effectively guide private enterprises in demand, carry out pragmatic docking with financial institutions with service capabilities, and continuously promote mutual benefit, integration and innovation between
private enterprises and financial institutions.

Zhu Hexin said that CITIC Group will conscientiously implement the spirit of the 20th National Congress of the Communist Party of China and a series of decisions and deployments of the Party Central Committee on financial support for the development of the private economy, continue to give full play to the advantages of both industry and finance and the advantages of full financial licenses, and increase support for private enterprises
.

Xi Guohua introduced CITIC Group's support for the private economy, hoping to work with the All-China Federation of Industry and Commerce to promote the high-quality development of the private economy and contribute to the expansion and strengthening of private enterprises
.
Fang Heying introduced China CITIC Bank's efforts to help the development of private enterprises and the future "six major cooperation scenarios" with the All-China Federation of Industry and Commerce
.

Over the years, China CITIC Bank has adhered to the origin of finance, adhered to the mission of state-owned financial enterprises, actively integrated into the overall situation of national development, unswervingly followed the road of financial development with Chinese characteristics, nourished the economic body with financial bloodline, and committed to building a "warm bank"
serving private enterprises.
In the past three years, the average annual growth rate of private enterprise loans has reached nearly 10%, promoting the resonance of financial services and the development of the real economy; The loan balance of inclusive small and micro enterprises exceeded 400 billion yuan, and the main business indicators of inclusive corporate loans ranked in the forefront
of joint-stock banks.

Huang Rong, Vice Chairman of the All-China Federation of Industry and Commerce, Zhao Dejiang, Secretary-General, Liu Cheng, Executive Vice President of China CITIC Bank, Hu Gang, Vice President, Xie Zhibin, Vice President, and Lu Jingen, Business Director, attended the launching ceremony
.

(Zhu Shuyi)

Responsible Editor: Zhao Yu Review: Peng Zonglu