As reported, in other day, a Strategic Cooperation Agreement was signed by Wang Yiming, vice director of DRC of the State Council, and Huang Yi, vice president of CCB, respectively on behalf of CCB and Development Research Center of the State Council at a signing ceremony held in Beijing.

Tian Guoli, the Chairman of the Board of CCB states that, with change in international and domestic situations, how to closely integrate theory with practices has become a common issue which both idea banks and enterprises are faced with. Currently CBB has developed three major strategies in housing lease, inclusive finance, and financial technology, which is just a professional approach to solving social headaches with financial strength.

As for cooperation in future, Mr. Tian hoped that DRC and CCD would focus on issues in economic and financial fields and issues of social people's livelihood, integrate professional dedication of researchers and enthusiasm of financial operators, constantly improve policy level and research capacity, and facilitate stable development of the country and well-off life of the people with high-quality research outcomes.

Li Wei, director of DRC, stated in a speech that, DRC had always maintained good cooperation with CCB. In May 2018, Financial Research Institute of DRC and Research Institute of CCB jointly published Financial Prospect of China for 2018 - Open a High-Quality Development Road, and carried out cooperative researches in financial analysis. Financial technology and financial support for housing lease. Development of strategic cooperation between these two organizations will further give play to their advantages, establish coordination, and provide solutions to domestic and even international economic and financial problems and more practical and effective policy proposals for decision-makers.

As for cooperation in future, Mr. Li expressed three expectations. Firstly, give full play to both parties' advantages, and combine DRC's experience in research capacity and talent team construction and CCB's advantage in data accumulation and financial operations to form a win-win layout. Secondly, select a proper research topic so that it will be marketable and beneficial to business growth, and valuable to promote economic and financial reform in China. Finally, enrich cooperation forms and contents, and implement, deepen and benefit from strategic cooperation through talent cultivation, cooperative research and forum exchange.