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On June 1, 2018, SZSE and Jilin Province jointly held a signing ceremony for a strategic cooperation agreement in Shenzhen, which is one more major achievement made by SZSE through strengthening cooperation with local governments, leveraging the capital market platform, serving the transformation and upgrading of local economies, and promoting coordinated development between regions. Jing Junhai, Governor of Jilin Province, Jin Yuhui, Deputy Governor of Jilin Province, Liu Changlong, Mayor of Changchun, Peng Yonglin, Secretary General of the Jilin Provincial Government, and Wu Lijun, Chairman of SZSE attended the signing ceremony; Hu Bin, Director of Financial Office of Jilin Province, and Wang Jianjun, President & CEO of SZSE jointly signed the agreement. Other leaders from Jilin Province, Shenzhen and SZSE participated in the event.
The 19th CPC National Congress put forward the task to implement the coordinated regional development strategy, deepen reforms to accelerate the revitalization of old industrial bases in the northeast, and establish a more effective mechanism for coordinated regional development. Jilin Province is rich in natural resources, with well-established chemical, automotive, and metallurgical industries. It is an important force in the new round of Northeast Revitalization Strategy and the Belt and Road Initiative. In recent years, Jilin Province has been enhancing capital market development, fully capitalizing on the financing function of the capital market, supporting the development of the innovation economy, promoting the growth of SMEs, and has achieved positive results in economic restructuring and development.
SZSE and Jilin Province have maintained close communication and sound cooperation. Particularly in recent years, the cooperation between the two parties has been accelerating and deepening, and a number of cooperation have seen substantial progress. According to the agreement, the two parties will expand the scope of cooperation on the basis of existing cooperation to include the cultivation of listed companies, the supervision and coordination of listed companies, the issuance of fixed income products, and the construction of regional equity markets, investor education, and talent exchange & training. By offering complete and multi-dimension comprehensive services, SZSE will assist Jilin Province in accelerating economic structural optimization and innovation-driven development, and jointly promote the development of a regional financial service center in Northeast Asia.
In recent years, under the leadership of China Securities Regulatory Commission, SZSE has been closely focusing on fundamental principle of serving the real economy to constantly increase cooperation with local governments, provide tailor-made plans for capital market construction to different provinces and cities and package of comprehensive services, and has accumulated rich experience in the process of supporting local economic development. Up to now, SZSE has forged strategic cooperation with provinces, municipalities, and autonomous regions, including Guangdong, Zhejiang, Jiangsu, Sichuan, Inner Mongolia, Xinjiang and Jilin, and has been actively developing special financial service plans. Next, SZSE will fully implement the spirit of the 19th CPC National Congress, follow the guiding principle of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, implement new development concepts, optimize market resource allocation, enhance market development quality, create a favorable market environment, serve the supply-side structural reform, and will support innovation-driven development strategies, give full play to the advantages of a multi-tiered capital market platform, and promote high-quality development of local economies.
