China Construction Bank Enters Poverty Alleviation Agreements with Central State-owned Enterprises

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One of China’s big four state-owned banks has just executed a slew of agreements with central state-owned enterprises (SOE’s) for cooperation in the area of poverty alleviation.

At a ceremony held in Beijing China Construction Bank (CCB) executed poverty alleviation cooperative agreements with 13 central SOE’s, including China Railway Express, State Grid Corporation, China Electronics Corporation, Aluminium Corporation of China and State Development and Investment Corporation.

Under the agreements CCB will cooperate with central SOE’s for poverty alleviation in the areas of finance, consumption, industry, education and technology.

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