BEIJING, June 20 (Xinhua) -- Dalian Commodity Exchange (DCE) recently launched an industry & finance cultivation base in China Minsheng Bank headquartered in Shenzhen.
The joint launch of the cultivation base is a result of long-term cooperation between DCE and China Minsheng Bank, as well as a beneficial attempt to explore new mechanisms for serving the real economy, said DCE Vice President Wang Yufei.
The industry & finance cultivation base combines industry cultivation with financial service.
DCE has set up a multilevel training system for industry enterprises with a view to give full play to the unique roles of typical enterprises in industry cultivation.
In future, DCE will further deepen the construction of industry & finance cultivation base, and provide practical and efficient courses to the participants, while combining risk management function of the futures market with the financing function of commercial banks, added Wang.
It is known that China Minsheng Bank is currently the only joint-stock commercial bank that has obtained the qualifications for industry & finance cultivation base.
DCE signed contracts with 11 enterprises on jointly building industry cultivation bases in April, 2017, and signed contracts with nine more cooperation partners including banks in March 2019, upgrading the industry cultivation bases to industry and finance cultivation bases. It so far has developed a total of 20 industry and finance cultivation bases.(Edited by Bao Nuomin, baonuomin@xinhua.org)
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