China State Const Eng : Trilateral Strategic Cooperation Agreement Signed

As reported on July 14, 2014, China Construction Second Engineering Bureau Ltd (CSCEC 2nd Bureau) has signed the Trilateral Strategic Cooperation Agreement with Bank of Shanghai Co., Ltd., and Cloud Chain E-commerce (Shanghai) Co., Ltd.

Based on the Agreement, the three parties will focus on financial cooperation of supply chains in the near future. Bank of Shanghai will concentrate its resources to provide CSCEC 2nd Bureau and Cloud Chain E-commerce with excellent financial services including credit line of 5 billion yuan. CSCEC 2nd Bureau will undertake traditional and innovative services in Shanghai Free Trade Zone by giving full play to the advantages of the other two enterprises in finance and trade settlement.(from CSCEC 2nd Bureau)