Shanghai Pudong Development Bank Co.Ltd(600000) signed a strategic cooperation agreement with Shanghai Pudong New Area

On January 9, Shanghai Pudong New Area People’s government and Shanghai Pudong Development Bank Co.Ltd(600000) signed the comprehensive strategic cooperation agreement on jointly building a leading area for socialist modernization. According to the agreement, Shanghai Pudong Development Bank Co.Ltd(600000) as one of the main cooperative banks for the overall industrial development of Pudong New Area, give full play to the location advantage of headquartered in Shanghai, and will provide credit support of no less than 100 billion yuan for enterprises in Pudong New Area in the next five years to help regional economic and social development.

It is reported that around supporting the high-level reform and opening up of Pudong New Area and building a leading area for socialist modernization, the two sides will further deepen their cooperative relations, drive the construction of Shanghai’s “five centers” and free trade zone, and jointly serve the Shanghai international financial center. The two sides will strengthen banking and government cooperation, including regional development, industrial upgrading, reform of state-owned assets and state-owned enterprises, talent exchange, science and innovation finance, inclusive finance, green finance and other fields.

29 years ago, Shanghai Pudong Development Bank Co.Ltd(600000) was established in response to the development and opening up of Pudong, based on Shanghai and driving the regional economic development of the Yangtze River Delta. Behind many major projects closely linked to the development of Pudong, there are Shanghai Pudong Development Bank Co.Ltd(600000) financial services. Among them are the “Pudong gateway” Pudong International Airport, the ” Shanghai Lujiazui Finance & Trade Zone Development Co.Ltd(600663) skyline” Shanghai Center Tower, and the Sanlin old area transformation closely related to Lbx Pharmacy Chain Joint Stock Company(603883) life, as well as major projects such as domestic large aircraft, Yangshan deep water port, Disney Park, Tesla super factory and Shanghai rail transit network.

Today, the curtain of building Pudong New Area into a leading area for socialist modernization has been fully opened, Shanghai Pudong Development Bank Co.Ltd(600000) responded at the first time and competed to be a firm executor of Shanghai’s strategic task. ” Shanghai Pudong Development Bank Co.Ltd(600000) will further improve its political position, find its position in Pudong’s higher-level reform and opening up, take the initiative and act actively, be bold in exploration and innovation, fully serve and integrate into the new development pattern, and constantly improve the quality and efficiency of serving the real economy.” Zheng Yang, chairman of Shanghai Pudong Development Bank Co.Ltd(600000) said.

On September 9, Shanghai Pudong Development Bank Co.Ltd(600000) also signed a strategic cooperation agreement with Shanghai Shanghai Lujiazui Finance & Trade Zone Development Co.Ltd(600663) (Group) Co., Ltd., a representative enterprise of Pudong New Area, to support the further development of state-owned assets, state-owned enterprises, finance and trade.

(source: Xinhua Finance and Economics)

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