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China Merchants Group and China Everbright Group sign a special cooperation agreement

2020-12-10

On December 10, China Merchants Group and China Everbright Group signed a special cooperation agreement for serving the construction of a new development paradigm with domestic and international circulations. Witnessed by Miao Jianmin, Chairman of China Merchants Group and Li Xiaopeng, Chairman of China Everbright Group, Deng Renjie, Executive Vice President of China Merchants Group, and Fu Wanjun, Executive Vice President of China Everbright Group, signed the agreement on behalf of both parties.

According to the agreement, the two parties would focus on building a new development paradigm with domestic circulation as the mainstay and domestic and international circulations reinforcing each other, further upgrading the scope and content of cooperation, with the purpose of supporting the country's technological innovation and industrial upgrading, serving high-quality expansion of domestic demand, providing financial support for stabilizing and expanding cross-border industrial chain and supply chain cooperation.

 

 

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China Merchants Group (CMG), a key state-owned enterprise directly administered by the central government, is headquartered in Hong Kong and stands as one of the earliest Chinese-funded enterprises established and operating in the region. As a century-old, comprehensive, and Hong Kong-based central enterprise, CMG has been upholding its corporate mission of “To Lead the Times with Business Success” and core values of "With a Shared Destiny with Our Country, to Grow in Tandem with the Era."

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