On 5 July, CIMC Group and Yunnan Provincial Investment Holdings Group Co., Ltd. (hereinafter referred to as YIG) signed a strategic cooperation agreement, pursuant to which, both parties will carry out cooperation and joint development in a number of fields. This is a new round of strategic initiative to deepen cooperation and development after CIMC Group and Yunnan Provincial Government reached strategic cooperation on 29 May this year.
Li Yuan, the second-grade inspector of Yunnan Development and Reform Commission, Qiu Lujun, the Party secretary and chairman of YIG, Li Yinhui, vice president of CIMC Group, and Hu Pengfei, president of CIMC Watrans, attended the signing ceremony.
According to the agreement, both parties will utilize their own advantages and capabilities to reach strategic cooperation in the development of the Pan-Asian railway international corridor, the ecological reconstruction of the cold chain supply chain of agricultural products, the green new energy industry, the green forest and paper industry, and the industrial fund.
On the same day, the main leaders of the Economic and Trade Office of Yunnan Provincial Development and Reform Commission, the General Management Department and the Investment Planning Department of YIG, Yunnan International Railway Service and Trading Co., Ltd, the Strategic Development Department of CIMC Group, and CIMC Watrans participated in the discussion.
