August 17, 2022, Industrial Bank and China Postal Savings Bank signed a comprehensive strategic cooperation agreement in Fuzhou City. Guo Ningning, standing committee member and executive vice governor of Fujian Province, and Liu Aili, chairman of China Post Group Corporation, attended and witnessed the signing, while Lv Jiajin, chairman of Industrial Bank, and Liu Jianjun, chairman of Postal Savings Bank, delivered speeches respectively. Tao Yiping, president of Industrial Bank, presided over the signing ceremony; Zhang Ting, a member of the Party committee of Industrial Bank, and Xu Xueming, vice president of Postal Savings Bank, signed a comprehensive strategic cooperation agreement on behalf of the two sides.
According to the agreement, the two sides will carry out comprehensive cooperation in a number of areas, including interbank finance, inclusive finance, green finance, investment banking, commercial finance, wealth management, agency business, network finance, information technology, talent training, etc., and will strengthen comprehensive synergies and multi-level cooperation in terms of capital, risk control, channels, business, and technology, to further enhance the ability to serve the real economy and to The company will further enhance its ability to serve the real economy and prevent and control financial risks, and promote the increasing competitiveness of China's financial industry.
Institutions, mechanisms and talents are the key elements of a country's financial core competitiveness, because institutions and mechanisms determine the allocation and utilization efficiency of financial resources, the driving force and vitality of the financial industry's innovation and development, and the attractiveness and cohesion of financial talents. Financial talents, especially high-end international financial talents, will be the basis of the competitiveness of a country's financial industry, and the basis of the fierce international financial competition is also the competition of financial talents, especially high-end international financial talents. Therefore, we should further deepen the reform of institutions and mechanisms to enhance the attractiveness of high-end financial talents and further stimulate the creativity of financial talents.
The economy grows through finance, and when the economy falters, finance falters. Finance is pro-cyclical, but as the core of the modern economy, and as the main means of resource allocation and economic regulation, finance can also play an important role in regulating, counter-cyclical and anti-crisis capabilities for the economy. The function of preventing economic overheating and recession, and thus promoting stable and sustainable economic development, is also a reflection of a country's macro-financial regulation and control capabilities, and a concrete manifestation of a country's core competitiveness. Therefore, we should continue to improve the counter-cyclical financial macro-prudential policies and tools system, so that macro-financial risks can be detected early, early warning, early regulation.