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05

Sep

2025

Renmin University of China and Shanghai Pudong Development Bank Co., Ltd. Sign Strategic Cooperation Agreement

On August 29, Renmin University of China (RUC) and Shanghai Pudong Development Bank Co., Ltd. (SPD Bank) signed a strategic cooperation agreement in Shanghai. The two sides will deepen cooperation in areas such as joint Party building, university development, talent training, and think tank collaboration, jointly opening a new chapter of in-depth university–bank cooperation.

ZHANG Donggang, Secretary of the Party Committee of RUC, and XIE Wei, President of SPD Bank, signed the Strategic Cooperation Agreement between RUC and Shanghai Pudong Development Bank Co., Ltd. on behalf of both parties. Present at the signing were KANG Jie, Member of the Party Committee and Vice President of SPD Bank, and Chairman of Shanghai Innovation Bank, as well as DU Xiaozhe, General Manager of SPD Bank’s Institutional Business Department, who presided over the ceremony.

In the presence of ZHANG Donggang, XIE Wei, and KANG Jie, LIU Qing, Executive Dean of the National Academy of Development and Strategy at RUC, and ZHANG Yong, Party Secretary and President of SPD Bank’s Beijing Branch, signed the Framework Agreement on Cooperation between the National Academy of Development and Strategy, RUC, and the Beijing Branch of Shanghai Pudong Development Bank Co., Ltd. on behalf of both parties.

ZHANG Donggang noted that for a long time, RUC and SPD Bank have carried out fruitful exchanges and cooperation in talent cultivation, financial innovation, and think tank research. He expressed the hope that the two sides will build on their respective strengths, leverage their unique features, and work together in unity: advancing through co-construction, nurturing through sharing, and integrating through joint research. He emphasized promoting finance-enabled high-quality education development, jointly cultivating excellent financial talent, and creating a model of high-level collaboration between industry, academia, and research. He added that both sides should continue to explore new ideas, new models, and new drivers in serving national strategies, supporting academic development, cultivating talent, and promoting industry–education integration, so as to strengthen co-construction, sharing, and joint research, and further drive common progress, co-cultivation, and integration. Together, they should explore development directions amid financial transformation and educational innovation, pool collective strength in advancing the undertakings of the Party and the nation, and make new and greater contributions to building China into an education power and financial power.

XIE Wei warmly welcomed ZHANG Donggang and his delegation. He stated that since its establishment, SPD Bank has adhered to the mission of “finance for the people” and developed distinctive strengths across five key areas: technology finance, supply chain finance, inclusive finance, cross-border finance, and treasury finance, becoming a joint-stock commercial bank with global influence. As the first new-type regular university founded by CPC, RUC possesses a distinctive red gene and profound academic foundation, which highly aligns with SPD Bank’s original aspiration and mission of “serving the nation through finance”. Looking ahead, he expressed the hope that the two sides will take the red gene as a bond, follow national strategic needs as guidance, and take the lead in deepening practical cooperation in joint Party building, university development, talent training, and think tank collaboration, jointly creating a model of university–bank cooperation and contributing to national rejuvenation and the building of a strong nation.

According to the agreement, the two sides will thoroughly study and implement Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, adhere to complementary advantages, joint development, and distinctive cooperation, and promote education development, technological innovation, and talent cultivation in an integrated manner. This will enable positive interaction between independent scientific innovation and autonomous talent development, contributing jointly to building China into a leading country in education and promoting high-quality financial development.

Leaders from RUC’s Party and Administration Office, Office of Domestic Cooperation, and the National Academy of Development and Strategy, as well as representatives from SPD Bank’s Institutional Business Department, SPD Bank Research Institute, and Beijing Branch attended the event.


Original article link: [RUC News] Renmin University of China and Shanghai Pudong Development Bank Co., Ltd. Sign Strategic Cooperation Agreement


Translator: ZHANG Yuqing

Web Editor: LIU Qi