CRCC Signs a Strategic Cooperation with China Re

On the morning of Sep. 20th , CRCC signed a strategic cooperation agreement with China Reinsurance (Group) Corporation (hereinafter “China Re”). Before the signing ceremony, Chairman of CRCC and Secretary of Party Committee Meng Fengchao made an in-depth exchange with Chairman of China Re and Secretary of Party Committee Yuan Linjiang to further deepen cooperative relationship and strengthen strategic cooperation.  

The signing of this agreement marks a comprehensive strategic cooperation between CRCC and China Re. The two sides will carry out comprehensive and in-depth cooperation in financing, insurance and other aspects in the future.

During their talks, Mr. Meng Fengchao made a brief introduction about CRCC’s development history, outstanding achievements, industrial advantages and the development of major business segments. He expressed that China Re has been developing rapidly since its establishmen with distinctive business features, perfect business structure, complete industrial chain and formed a diversified and specialized group management framework and management structure. Since both sides are committed to the implementation of "The Belt and Road" initiative at present. The signing of the strategic cooperation agreement will definitely help promote complementary advantages, mutual benefit and win-win results, and better fulfill the responsibility of the Central Government-owned Enterprises. 

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