Shanghai has signed strategic agreements with two financial institutions, and Mayor Gong Zheng has unveiled the plaque for this financial institution. The Lujiazui Forum has reached a high level of cooperation with financial institutions
Deepen cooperation and achieve a win-win future. Today, on the occasion of the opening of the 14th Lujiazui Forum, Faba Bank Wealth Management Co., Ltd. opened, and the Shanghai Municipal People's Government signed strategic cooperation agreements with Bank of Communications Co., Ltd. and China Life Insurance Company. Gong Zheng, Deputy Secretary of the Shanghai Municipal Party Committee and Mayor, Jie Dong, Deputy Mayor, Gu Shu, Chairman of Agricultural Bank of China, Liu Jun, President of Bank of Communications, and Bai Tao, Chairman of China Life Insurance, attended relevant events. Renu Dumara, Vice President of BNP Paribas, delivered a video speech.
Fabanongyin Wealth Management Co., Ltd. is the fifth joint venture wealth management company approved for operation in China, mainly engaged in issuing public wealth management products, issuing private wealth management products, financial advisory and consulting services. As a result of the strong alliance between BNP Paribas, Agricultural Bank of China, Asset Management and Agricultural Bank of China, the establishment of the company marks the continuous deepening of cooperation between China and France in the financial field, and also indicates the further acceleration of China's high-level opening-up in the financial industry. At present, all 5 approved joint venture wealth management companies have settled in Shanghai, and the construction of Shanghai International Financial Center has achieved new achievements.
The strategic cooperation agreement signed between Shanghai and the Bank of Communications will be based on mutual benefit and win-win cooperation, and will carry out cooperation in promoting stable and healthy economic development, serving major national strategies, technological innovation, high-level opening up to the outside world, green and low-carbon, and people's urban construction.
The strategic cooperation agreement signed between Shanghai and China Life Insurance will be based on the principle of "focusing on long-term development, seeking common development, strengthening cooperation, exploring innovation, complying with laws and regulations, and steadily implementing". Cooperation will be carried out in areas such as serving the implementation of major national strategies, investment and financing cooperation, mega city governance, construction of pension security system, health security system, rural revitalization, and real economy development.