Nanning signs cooperation agreement with China Minsheng Investment Group (CMIG)


On May 15th, Nanning city and CMIG signed cooperation agreement.

The strategic framework cooperative agreement was signed under the principle of long-term cooperation and mutual development. It concerns three specific items, i.e. energy industry, establishment of international all-age smart communities and establishment of health pension fund.

According to the agreement, CMIG’s southwestern headquarters will be set up in Nanning. With Nanning as the core, businesses will be expanded towards other cities in Guangxi, other southwestern provinces and ASEAN countries. Through participating in construction, direct share right investment, debt financing support or industrial fund cooperation, investment will be made in Nanning in such areas as financial services, new energy, medical care reform, health care for the elderly, general aviation industry, smart city, and community service industry.

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