China State Shipbuilding Corporation Signs Strategic Cooperation Agreement with China Development Bank
2026-06-17 10:02
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en.Wedoany.com Reported - On the afternoon of June 16, 2026, Wang Guoqiang, Deputy Secretary of the Party Leadership Group, Director, and General Manager of China State Shipbuilding Corporation Limited (referred to as "CSSC"), held working meetings at the headquarters in Beijing with Zhang Xiaodong, Deputy Secretary of the Party Committee and President of the Agricultural Development Bank of China (referred to as "ADBC"), and Tan Jiong, Deputy Secretary of the Party Committee, Vice Chairman, and President of the China Development Bank (referred to as "CDB"), and witnessed the signing of a strategic cooperation agreement between CSSC and CDB. Zhu Yonghong, member of the Party Leadership Group and Chief Accountant of CSSC, attended the meetings and signed the strategic cooperation agreement on behalf of CSSC with Xie Taifeng, member of the Party Committee and Vice President of CDB.

China State Shipbuilding Corporation Limited is a key state-owned backbone enterprise directly managed by the central government, established in 2019 through the merger of the former China State Shipbuilding Corporation and the former China Shipbuilding Industry Corporation, and is a leading enterprise in China's marine equipment industry. The Agricultural Development Bank of China, established in 1994, is a state-owned policy bank directly under the leadership of the State Council and the only agricultural policy bank in China, primarily tasked with raising funds to support agriculture based on national credit and promoting the development of agriculture, rural areas, and farmers. The China Development Bank, established in 1994, is a policy financial institution directly under the State Council, mainly dedicated to supporting national infrastructure, basic industries, pillar industries, and other key areas.

During the meetings, Wang Guoqiang expressed gratitude to ADBC and CDB for their long-term comprehensive support to CSSC. He stated that ADBC, CDB, and CSSC have a deep foundation for cooperation and highly aligned positioning in serving major national strategies, hoping to fully leverage their respective advantages in the future, continuously enhance the depth and breadth of bank-enterprise business cooperation, and strengthen innovative collaboration in areas such as serving national strategies, major projects, ship and marine finance, international business, emerging industries, and equipment upgrades.

Zhang Xiaodong and Tan Jiong respectively introduced the development overview of the two banks. They stated that CSSC is the main force and national team of China's marine equipment industry and an important strategic partner of ADBC and CDB. Looking toward the "15th Five-Year Plan," they expressed willingness to fully leverage the advantages of policy banks, closely align with CSSC's development needs in the five strategic areas of high-end, green, intelligent, deep-sea, and polar, innovatively apply new policy financial tools, further deepen comprehensive and multi-level strategic cooperation in ship and marine industries, strategic emerging industries, and modern manufacturing service industries, and promote deep integration of industry and finance.

Key responsible persons from relevant departments and subsidiaries of ADBC and CDB headquarters, as well as key responsible persons from relevant departments and secondary management units of CSSC headquarters, attended the meetings. The signing of this strategic cooperation agreement marks a further deepening of the strategic synergy between CSSC and CDB based on existing cooperation.

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