On 25 September 2017, China Eximbank and China Railway Construction Co., Ltd. (CRCC) signed a RMB 200 billion strategic cooperation agreement in Beijing. Hu Xiaolian, Chairman of China Eximbank, Yuan Xingyong, Vice President of China Eximbank, Meng Fengchao, Chairman of CRCC, and Wang Xiuming, Chief Accountant of CRCC attended the signing ceremony. Vice President Yuan Xingyong and Chief Accountant Wang Xiuming signed the agreement on behalf of the two institutions.

The signing of the agreement is an important measure taken by China Eximbank to leverage its role as a policy bank in assisting Chinese railway engineering technology and equipment manufacturing enterprises to enhance their core competitiveness and helping Chinese high-quality engineering contractors to promote economic cooperation with their foreign counterparts. It is also the first railway cooperation agreement signed by China Eximbank since its pilot program on strategic customer service was rolled out. According to the agreement, China Eximbank will make full use of its rich experience in domestic and overseas infrastructure development, international syndicated loans, medium- and long-term project financing and international settlement, and provide package financial services including credit support, information consultation, trade finance, investment business and capital business. China Eximbank will further improve the service quality and provide comprehensive financial support for CRCC to implement the Belt and Road Initiative, international industrial capacity cooperation, Beijing-Tianjin-Hebei integration and other national strategies.