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BOC inks framework pact with NDRC to jointly promote construction of Greater Bay Area

December 23, 2019


Abstract : Bank of China (BOC), one of China's four lender giants, signed a framework agreement with China's top economic planner the National Development and Reform Commission (NDRC) on jointly advancing construction of the Guangdong-Hong Kong-Macao Greater Bay Area on December 20.

BEIJING, Dec. 23 (Xinhua) -- Bank of China (BOC), one of China's four lender giants, signed a framework agreement with China's top economic planner the National Development and Reform Commission (NDRC) on jointly advancing construction of the Guangdong-Hong Kong-Macao Greater Bay Area on December 20.

Under the agreement, by giving full play to BOC's extensive branches and comprehensive operational usiness units in the Greater Bay Area, they will develop financial services covering scientific and technological innovation, infrastructure and industrial upgrading, people's livelihood service, market integration, comprehensive financial service and information interconnectivity to faciliate the construction of the Greater Bay Area.

The two sides will also carry out concrete cooperation in management staff communication, talent exchanges, information sharing, investigation and research.

Liu Liange, board chairman of BOC said that as one of the first Chinese banks developing businesses in the Greater Bay Area, BOC will strive to contribute to the Greater Bay Area in its building a world class bay area and cities cluster. (Edited by Duan Jing, duanjing@xinhua.org)

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Keyword: NDRC BOC Greater Bay Area

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