OREANDA-NEWS. February 05, 2014. The signing ceremony of the investment cooperation framework agreement between CCCC and the Wuhan Municipal People's Government took place in Wuhan, Liu Qitao, chairman, president and Party secretary of CCCC and Tang Liangzhi, deputy secretary of the CPC Wuhan Municipal Committee and mayor of the Wuhan Municipal People's Government were present.

Chen Fenjian, vice president of CCCC and Zhang Guangqing, vice mayor of the Wuhan Municipal People's Government signed the agreement on behalf of respective sides.

The signing marks another deep cooperation between the two sides after 2009 and 2011, with an intended amount of some 50 billion yuan. Under the agreement, the two sides will, according to Wuhan's and CCCC's development plans, under the principles of "future orientation, mutual complementation, win-win and common development", carry out fuller and deeper cooperation in transportation infrastructure, urban development and other related fields, and jointly advance relevant key projects.