The signing ceremony of strategic cooperation between Chenzhou government and China Construction Bank Hunan Branch was held on March 19, 2013. General Manager of Hunan Branch – Liu Ligeng and Secretary of Chenzhou Municipal Party Committee – Xiang Lili attended the signing ceremony and delivered speech there. On behalf of Chenzhou government, Deputy Secretary of Chenzhou Municipal Party Committee and Mayor of Chenzhou City- Qu Hai signed the contract with CCB Hunan Branch in the ceremony.

Liu was offered as the economic adviser of Chenzhou government in the signing ceremony. Followed by the agreement, more than 20 billion yuan credit loan would be released to Chenzhou city by CCB Hunan Branch. 6.5 billion yuan of that was planned to be released in 2013. Meanwhile, bank and enterprises cooperation agreement with 1.86 billlion yuan amount between CCB Chenzhou Branch and Chenzhou enterprises was signed as well in the ceremony.

Due to the hard work of Chenzhou Municipal Party Committee and Chenzhou Government, the financial condition of Chenzhou city was kept being improved to be honored as “China’s best financial eco-innovation city”.

In 2012, 6.717 billion yuan loans was releases by CCB Chenzhou Branch on some key enterprises as Chenzhou Urban Construction Investment Co., Ltd. and some featured medium, small and micro enterprises. Deposit and loan balance were hit 25 billion yuan and 9 billion yuan with 490 million yuan profit, up 18.5%.
Liu Ligeng highly appreciated Chenzhou government support on the improvement of CCB Chenzhou Branch in the signing ceremony. Along with the introduction of the advantages of CCB Chenzhou Branch, Liu required that more efforts should be paid on the well-being and social condition of Chenzhou city to contribute more on its further improvement.

On behalf of Chenzhou Municipal Party Committee and Chenzhou Government, Xiang Lili welcomed Liu and his team and highly expected the continuous and healthy development of Chenzhou economy with this signed agreement. Xiang also stated that more efforts would be placed on the support of financial industry to promote the further cooperation between the government and bank.