A signing ceremony took place on March 19 for a strategic agreement between the management of the Taixing Economic Development Zone – located in Taixing city, administered by Taizhou city, in East China's Jiangsu province – and the Postal Savings Bank of China's Taizhou branch.
Under the accord, they'll combine to boost the industrial upgrading of the zone and inject strong momentum into its high-quality economic and social development.
According to the agreement, the two will strengthen cooperation in key industries and support funds to attract investment enterprises.
They'll work together to help finance major government construction projects – boosting economic restructuring and industrial upgrading, as well as State-owned asset management and State-owned enterprise reforms.
In the fields of industry, culture, talent and people's livelihoods, they'll also increase efforts in financial innovation and jointly move to boost the finance sector and the real economy.