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Original title: After 30 years of hard work, China Construction Bank writes a new chapter for the development and opening of Pudong
In 1990, the country implemented the Pudong development and opening up strategy and supportedPudong ConstructionSince then, Quangou’s First Financial and Commercial Zone has written a new chapter in Shanghai’s reform, opening-up and economic development. In September of the same year, the Pudong branch of the China Construction Bank was inaugurated in Shanghai, sounding the wake-up call for the China Construction Bank to provide financial support for the development and opening of the Pudong New Area. . After 30 years of hard work, CCB will develop together with Pudong New Area through a series of financial actions. Over the next 30 years, CCB will continue to assist the new area with funding, sharing the mission and embarking on the journey together.
Try first, build well – resonate with the development and opening of Pudong just as often
At the beginning of the establishment of the Pudong branch of the China Construction Bank, a great challenge was encountered:Pearl of the orientThe financing requirements for the construction of the radio and television tower, in order to build this iconic project in Pudong, the villageBankShanghai Branch Leaders Heldmeeting, Special solutions for research funding, assistancedealBankHe proposed the use of domestic syndicated loans to replaceInternational financing。
In April 1991, CCB interpreted Pudong’s spirit of daringRMBLeading loan bank, consisting ofBankA joint union with financial institutions toPearl of the orientThe project provides 150 million yuan and 10 million US dollars in loans,WarrantyBuildingThe capital needs of the People’s Republic of China strongly supported Asia’s tallest tower rising on the banks of the Huangpu River and becoming a Shanghai landmark.
In June of the same year, China Construction Bank took the initiative and adopted a syndicated loan to provide 350 million yuan in loans for the Yangpu Bridge Project, one of the top ten infrastructure projects in the Pudong New Area. It favors the rapid concentration of large funds, but it also favors the decentralization of financial institutions.CreditRisky financing methods will soon be promoted in Shanghai.
Since then, CCB has been moving forward along with the development of Pudong. Where’s the point?Building, ExistConstruction benchWith the development and opening of the Pudong New Area, CCB fully supports roads, bridges, houses, water, electricity, coal, communications, etc.Urban InfrastructureThe construction projects have left the sweat and footprints of the CCB people at many key construction sites.
In December 2007, China Construction Bank took the lead in establishing the Huangpu River Crossing Facilities Project in Shanghai, with a syndicated loan of 21.7 billion yuan to invest in the construction of eight tunnels that cross the Huangpu River within the Shanghai Overseas Ring Road.trafficMitigation and even economic development have played a very important role.
In October 2009, CCB participated in the Shanghai Tower Project Syndicate for Shanghai Tower Construction and Development Co., Ltd.the companyThe capital requirements for the construction and operation of the Shanghai Tower project.
In 2010, Shanghai successfully hosted the 41st World Expo. The total investment of the Expo project was 62.728 million yuan. As a participating syndicated bank, China Construction Bank participated in the syndicated loan for the Shanghai World Expo project and in an innovative wayinsuranceThe company cooperated to finance the construction of the World’s Fair through Longxin Financial Insurance Link, providing a total of 9.8 billion yuan in financial support.
In 2018, to support Pudong New AreasupplyTaking the lead in the field of parallel reform, CCB and Zhangjiang Group have started cooperation on the first housing rental project in Shanghai. CCB took the initiative to complete the syndicated training and provided 1.42 billion yuan in financing for the project.
Currently, the terrible epidemic at home and abroad has brought difficulties and challenges to the development and opening of Pudong.In this regard, while CCB and Pudong fight the epidemic together, they are also doing their best to advancecompanyThe resumption of work and production will help Pudong’s economy to keep moving towards high-quality development.
Embrace the New Era: China Construction Bank Helps Pudong with “Three Big New Tasks”
Pudong in the new era assumes the great responsibility of the country and the nation. Today, thirty years later, Pudong is developing in the same year. Pudong, in its early years, holds up the banner of reform and openness in the new era, expanding and opening up holistically, and doing the “three main tasks” well.Main forcemilitary.
In 2016, on the third anniversary of the Shanghai Free Trade Zone operation, state leaders gave important instructions: “Experiment boldly, enter boldly and reform independently, fight for more system innovations that can be replicated and promoted. , and further demonstrate the comprehensive deepening of the reform and opening The role of the experimental field. “
Pudong’s spirit of daring to experiment and self-transcendence has long been embedded in CCB’s blood.
In 2018, CCB upgraded the first Shanghai branch with special features in science and technology innovation, the Zhangjiang branch, thinking of new concepts and financial models, actively connecting with the construction of the Shanghai Science and Technology Innovation Center and striving for building a “Model CCB” to finance the construction of the Shanghai Center for Science and Innovation. , To help the construction and development of the Zhangjiang National Comprehensive Science Center, mainly serving full-function operating institutions of high-tech enterprises in the Zhangjiang National Comprehensive Science Center parks.
First “To start a business“Zhegang Bay” was also formally established in Zhangjiang, Pudong, to create a platform for small and micro enterprises.Innovation-Driven Development Strategy, Take advantage of the connection of financial capital and the government, cooperative institutions and other social resources of third parties to provide small, medium and micro-enterprises services related to entrepreneurship and innovation, and provide strong support to promote economic growth.
For high-tech parksPositioning, CCB continues to strengthen its support for the construction of large functional innovation platforms and technological innovation clusters, supports the construction of scientific research infrastructure through various financial tools and increases the space for large strategic projects and creation of crowds, including incubators , accelerators, entrepreneurial communities, etc.Innovation and entrepreneurshipCarrierCreditThe support has contributed to the construction of the Shanghai Center for Scientific and Technological Innovation.
The new Lingang area of the Shanghai pilot free trade zone is compared to the internationally recognized free trade zone with the most competitiveinternational marketIn a special economic function zone with influence and competitiveness, China is accelerating the construction of a new open economic system. When the China (Shanghai) Pilot Free Trade Zone has become a new testing ground for the comprehensive deepening of China’s reforms, in the financial reform stage, CCB has also continued to lead the pilot tests, closely following the pace of financial reform in the Shanghai Pilot Free Trade Zone.
August 7, 2019Construction benchThe first approved establishment of CCB Shanghai Pilot Free Trade Zone New Area Branch will take over the leadership in charge of operations management and business development work in the new Pilot Free Trade Zone area.clientProvide nearby services As the first batch to settle in the free zoneCommercial bankFirst, the bank is among the first pilot banks in a number of innovative businesses, and the turnover of the pilot free trade zone is among the best in the industry.
(Source: China Business Network)
(Responsible editor: DF515)
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