Zonda Strengthens Cooperative Ties with BOC
2009-03-19 Source：english.chinabuses.com
In this year’s government work report, the central government has clearly indicated that it will take more effective measures to strengthen the sustainable development of privately owned enterprises. Affected by the current financial turmoil, both the government and the financial industry have reached an agreement that the overall economic development at the current stage depends heavily on big investments, which can be initiated by focusing on the stable and relatively fast growth of large-sized enterprises.
As the largest privately owned enterprise in Yancheng, Jiangsu Province, Zonda still can hardly escape the fate of capital shortages for its further expansion. Thanks to the stimulus plan made by the government, officials from relevant government department in Yancheng, leaders from Bank of China (BOC) Yancheng Branch and Zonda Group held talks on the long-term multi-dimensional cooperation between the banking giant and the coach builder on Mar. 10, 2009.
XU Liankuan, President of Zonda Group believes the move will generate win-win results for both sides.
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