China National Nuclear Corporation, also known as CNNC, forged important agreements with two banks for financial services and support during the ongoing second China International Import Expo in Shanghai, according to officials.
Chen Shutang, chief accountant of CNNC, signed a cooperation agreement with Xie Ping, vice president of the Export-Import Bank of China, and also a memorandum of understanding on cooperation with Lin Jingzhen, vice president of the Bank of China.
In recent years, CNNC has expanded its international nuclear power market, requiring increasing imports of advanced equipment as well as funds.
Under the terms of the agreements, the two banks will improve their financial services and provide more financial support to CNNC.
