After welcoming CCB President Wang and his delegation, Chairman Bai briefed to the guess about SDIC's development since its establishment 26 years ago, including its continuous readjustment of development structure and the gradual formation of its three business areas: infrastructure, finance and services, and emerging industries with strategic importance, which target both domestic and international markets. Bai applauded CCB's efforts for its continuously opening of more service resources of its outlets to clients and providing better services. He also said that CCB's development philosophy coincides with SDIC's commitment to actively shoulder its social responsibilities and stick to value investment and responsible investment. Bai expressed his gratitude to CCB for its long term and strong support to SDIC and hoped that the two parties would focus on future development, strengthen cooperation and achieve mutual beneficial and win-win result.

CCB President Wang Jiang thanked Chairman Bai for his warm reception and briefed about CCB's three major strategies of inclusive finance, housing-leasing and FinTech, and its efforts to constantly enhance its ability of serving the country's construction, preventing financial risks and participating in international competition. He said that CCB would continue to support SDIC in its business development and further deepen its cooperation with SDIC.

Present at the meeting were SDIC Board Secretary Li Baolin, SDIC Finance Department Director Cui Hongqin, SDIC Intelligence General Manager Zhang Lei, SDIC Finance General Manager Lu Jun and leading executives of CCB's related departments and its Beijing Branch.