Harbin Songbei district has signed a comprehensive strategic cooperation agreement with Harbin Bank to jointly promote the development of the finance industry.

At a signing ceremony held on Jan 22, Songbei district also signed a cooperation agreement with the China-Russia Finance Federation (CRFF). The CRFF is to be built in the district.

Top officials attending the ceremony included Harbin Mayor Song Xibin, Vice-Mayor Kang Hanqin, and Songbei district governor, Gao Dawei.

The Songbei district and the CRFF have agreed to cooperate in key projects such as financial project building and company development.

Meanwhile, they will make joint efforts to optimize financial services and build a competitive business environment.

They will also establish professional institutions to provide professional financial services for both government organizations and companies in Songbei district.

Furthermore, the Harbin Financial Assets Exchange will be built and a building for Russian financial affairs will also be built.

The CRFF will help attract more investment from foreign countries and promote cooperation in the finance industry with these countries.