Lou Qinjian, secretary of the CPC Jiangsu Provincial Chief and Wu Zhenglong, Governor of Jiangsu, met last Thursday in Nanjing with Yi Huiman, chairman of the Industrial and Commercial Bank of China.
Both Lou and Wu extended their appreciation to ICBC for its long-term support to Jiangsu’s social and economic development.
Lou noted that Jiangsu enjoys a solid foundation in the brick-and-mortar economy due to its large scale and good efficiency, which has in turn created a huge demand for financial resources.
Under the background of high quality development, industrial transformation and upgrading provides greater market demand for the financial industry, he said.
ICBC enjoys powerful financial strength, Lou said, adding that Jiangsu hoped that the two sides will further deepen pragmatic cooperation on the basis of strategic cooperation and promote a virtuous circle of economic and financial development and healthy development at a higher level.
Yi Huiman stated that Jiangsu plays an important role in the country’s overall development due to its good economic foundation, strong market and excellent financial ecology.
He said ICBC will give full play to its capital, brand, channels and rich financial product advantages, focus on deepening cooperation in economic and social development in Jiangsu Province, and strive to provide more and better financial services to help Jiangsu promote high quality development.
The Industrial and Commercial Bank of China Limited, ICBC for short, is a Chinese multinational banking company. It is the largest bank in the world by total assets and the most valuable bank in the world by market capitalization since February 2017.
(Source: Jiangsu International Channel)
