On February 21, 2018 local time, China Merchants Group (CMG) President Fu Gangfeng meets in Hong Kong with Wang Feng, CEO of Bank of Communications Hong Kong Branch, exchanging ideas about further cooperation.

Fu Gangfeng welcomes the visit of Wang Feng and sends new-year wishes to staffs of Bank of Communications. "Under the leadership of Chairman Li and supports of banking partners, CMG has gained a leap development. Meanwhile, CMG faces challenges how to achieve sustainable growth in such a prodigious corporate volume. Also, the uprising economic trend of China, RMB Internalization and The Belt and Road Initiative brings opportunities to Chinese enterprises. In the long term, CMG will hold on sustainable and stable development with importance attaching to the dynamic balance among quality, effectiveness and scale. We hope Bank of Communications continue to support CMG in the coming year", says Fu. Wang Feng echoes that Bank of Communications is willing to provide quality services to CMG in Bay Area Construction and project along The Belt and Road Initiative.