On September 20, 2017 local time, China Merchants Group(CMG) signed Strategic Cooperation Agreement with Shanghai Government. Shanghai Party Deputy Secretary-General ＆ Mayor Ying Yong and CMG Chairman Li Jianhong oversaw the signature ceremony where Outstanding Deputy Mayor Zhou Bo and CMG Executive Vice President Sun Chengming signed the agreement. CMG Executive Vice President Wang Hong and Assistant President Hong Xiaoyuan attended the meeting.

China Merchants Group shares time-horned connections with Shanghai. In 1872, CMG was forged in Shanghai and then made many firsts in China. Before the signature ceremony, two sides head had a top-to-top meeting for tackling cooperation issues. Under the terms of the agreement, China Merchants Group and Shanghai government will fully play its respective advantages with the goal of all-weather cooperations in terms of port, modern logistics, smart transport, cruise economy, financial innovation, internet plus.