On April 22, China Merchants Group Chairman Li Jianhong met in China Merchants Tower Shenzhen with Wang Hong, exchanging ideas about full-scale cooperations. China Merchants Group Vice Chairman Zhao Huxiang signed MOU with Baoshan District Director Fan Shaojun. China Merchants Group Executive Vice President Su Xingang joined the meeting.

Li Jianhong pointed out that China Merchants Group has been actively practicing "The Belt and The Road" initiative and Yangtze River Economic Belt, with attachment of importance on the regional development around Bohai Bay Economic Zone, Yangtze River Delta, Pearl River Delta."We hope to utilize our comprehensive advantages to work with Baoshan district to promote full cooperations with Shanghai government."said Li. In the light of MOU, two sides will cooperate in terms of cruise, technology, modern shipping, finance service and modern logistics.