BEIJING, Sept. 25 (Xinhua) -- North China's Tianjin has recently signed a cooperation framework agreement with Tianjin Branch of China Development Bank (CDB) to strengthen cooperation on formulating plans and policies and guiding investment and financing innovations.
The signing of the agreement will help Tianjin accelerate its integration into the Belt and Road and give better play to role of the policy-based financial institution in supporting construction of the Belt and Road.
According to the agreement, the two sides will establish a project recommendation and information sharing mechanism focusing on the fields such as infrastructure interconnection, energy resource development and utilization, economic and trade cooperation zone construction, overseas promotion of technical standards, and "going global" of the superior capacity and superior equipment.
Meanwhile, the two sides will strengthen regular communication and coordination to provide financial services for Tianjin-based enterprises for their better participation in the Belt and Road construction. (Edited by Hu Pingchao, hupingchao@xinhua.org)
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