ADBC and CPIC Renew Strategic Collaboration Agreement

Deep News09-17 17:41

Agricultural Development Bank of China (ADBC) and China Pacific Insurance (Group) Co., Ltd. (referred to as CPIC) signed a renewed strategic cooperation agreement in Shanghai on September 15.

ADBC President Zhang Xiaodong and CPIC Chairman Fu Fan witnessed the signing ceremony, while ADBC Vice President Liu Shien and CPIC Market Development Director Zhang Yuhua signed the agreement on behalf of their respective institutions.

Under the agreement, both parties agreed to deepen their mutually beneficial strategic partnership by leveraging their respective functional positioning and competitive strengths. The collaboration will focus on enhancing exchanges and cooperation in areas such as bond investment and financing, banking-insurance synergy, risk prevention and control, the "five major financial articles," and financial technology.

This partnership aims to better serve the national strategic deployment and economic and social development during the "15th Five-Year Plan" period, contributing to the building of a strong financial nation and a leading agricultural power.

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