China International Industry & Commerce Co., Ltd and Tianjin High-Tech Industrial Park sign an agreement for joint development

On May 24, 2006, China International Industry & Commerce Co Ltd (CIIC) and the Administrative Committee of the Tianjin High-Tech Industrial Park (THIP) held a ceremony to sign the Cooperation Framework Agreement . Wang Tianyi, the president of CIIC, Liu Qun, the vice president of CIIC and executive vice president of Beijing International Information Park (BIIP), as well as Liu Jinyuan, the managing vice director of the Administrative Committee of THIP, attended the ceremony.

According to the agreement, the Administrative Committee of THIP supports CIIC to develop the fields of tourism, commercial and residential real estate. In turn, CIIC takes advantage of its own business invitation platform and channel to recommend relative industrial enterprises to settle down in the Huayuan Industry Park. In forms as large-scale project promotion, CIIC promoted the connections between the industrial capital and the financial capital, so as to participate in the development and construction of the Tianjin Binhai New Area.

The agreement signed with THIP indicated a beginning for BIIP to develop business with THIP. Both sides of the agreement established specialized workgroups to take charge of implementing the contents written in the agreement.