On November 14, Liao Lin, Party Secretary and Chairman of the Board of the Industrial and Commercial Bank of China (ICBC), held a meeting in Beijing with Zhu Huarong, Party Secretary and Chairman of the Board of China Changan Automobile Group. The duo engaged in in-depth discussions aimed at furthering their comprehensive strategic cooperation. During the session, ICBC and China Changan Automobile Group inked a comprehensive strategic cooperation agreement. Additionally, the Chongqing Branch of ICBC entered into a business cooperation framework agreement with one of China Changan Automobile Group's subsidiaries. Seizing this signing as a pivotal moment, both parties are set to leverage their respective strengths, ensure coordinated resource allocation, jointly drive high-quality development within the automotive sector, and provide robust financial backing for the construction of a manufacturing powerhouse.
