Retailing, Franchising, and Consumerism Business Intelligence in China

CCB, Dmall Reached Full Strategic Cooperation

China Construction Bank and Dmall recently held a strategic cooperation conference in Beijing, stating that the two parties will formally launch full strategic cooperation.

Vice president of CCB Ji Zhihong, chairman of Dmall Zhang Wenzhong, and many executives of the two parties attended the conference. Meanwhile, many representatives of Chinese and international well-known brands, including Yili, Coca-Cola, Uni-President, Yihai Kerry, Synear, Hengan, Liby, and Haitian witnessed the historical moment.

According to Ji, their cooperation will cover six areas, including intelligent cashier terminal, face payment, joint membership, digital account, financial product output, and big data cooperation. He said that it is an important attempt for CCB to break through the traditional business sector. They are confident in the partnership and aim to provide more comprehensive and high-quality financial and non-financial services to customers.

Zhang said that the cooperation is a cross-border docking of new finance and digital retailing and it is an innovation to jointly build the future digital economy. With the cooperation, the two parties will be able to better help retail enterprises and provide in-depth services like supply chain finance to them.

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