On December 17, 2017 local time, China Merchants Group(CMG) signs Cooperation Agreement with Xuzhou Municipality in Beijing. Jiangsu Province Governor Wu Zhenglong , CMG Chairman Li Jianhong and Xuzhou Municipality Party Secretary-general Zhang Guohua witnesses the signing ceremony where CMG Vice Chairman Zhao Huxiang and Xuzhou Municipality Deputy Mayor Wang Anshun signs Cooperation Agreement. CMG Executive Vice President Wang Cuijun presides the ceremony and Assistant President Li Yadong attends the meeting.

In the light of Agreement, two sides will work closely in terms of modern logistics, city and park development, financial services, industry fund, regional economic center construction and etc..