Founds the “Tsinghua University-CCB Scholarship and Bursaries” & the

“Tsinghua University-CCB Library Foundation”

To Support Healthy Development of Tsinghua’s

Educational & Scientific Research Endeavours

In the afternoon of April 3rd, a signing ceremony for a “Strategic Partnership Agreement” was held in Beijing between Tsinghua University and China Construction Bank Corporation Limited.  Dr. Gu Binglin, President of Tsinghua, and Mr. Guo Shuqing, Chairman of CCB were present to address the occasion, while the agreement was signed by Dr. Gu and Mr. Zhang Jianguo, CCB Chairman.  Attending the ceremony were also Mr. Han Jinyang, Vice Secretary of the Party Committee at Tsinghua University, Prof. Chen Jining, Vice President of Tsinghua University and Messrs Zhao Lin and Xin Shuxin, both Vice Presidents of CCB.

The Strategic Partnership Agreement was reached on the principle of “long-term, mutually beneficial collaboration and development of two strong partners".  With the common aim of striving for the best, both partners will collaborate on multiple levels.  According to the agreement, in future, Tsinghua will provide CCB with resources which are conducive to the carrying out of various financial activities and will provide intellectual supports to further develop the businesses of CCB.  In return, CCB will provide a comprehensive range of financial services to Tsinghua and its personnel.  To ensure that the partnership will be long-term, stable and effective, both partners will promote continuous communication and exchange in the fields of education, finance and related areas by establishing the necessary mechanism to facilitate annual meetings among high level personnel from both sides.  Furthermore, in an appendix to the Strategic Partnership Agreement, the partners have laid down specific items in which they will cooperate.  Thus, the signing of this Strategic Partnership Agreement signifies that the cooperation between the two parties has arrived at a new stage.

At the time of signing the Agreement, CCB had also provided Tsinghua University with funds to establish the “Tsinghua University-CCB Scholarship & Bursaries” and the “Tsinghua University-CCB Library Foundation”.  The purpose of the former is to reward students of good character and excellent scholarship, as well as to provide supports to needy students.  The purpose of the latter is to give support to the further development of the Tsinghua Library.

Tsinghua University is one of the most prestigious institutes of higher education in China.  Since it was founded in 1911, it has achieved substantial achievements in nurturing talents, scientific research and serving society and is representative of the high level of attainment in China’s higher education, science and technology and culture.  At present, Tsinghua is devoting itself to become a comprehensive, research orientated and open world-class university.

With a 50-year history, China Construction Bank Corporation (CCB) is a major state-owned commercial bank and is the first Chinese bank to be listed overseas.  The goal of CCB is to become a world-class modern commercial bank with the ability to compete in the international arena.  In July 2006, CCB was ranked first among all Mainland Chinese banks and 11th among all banks worldwide respectively on the “Top 100 Banks in China” and “Top 1000 World Banks” listings complied by The Banker magazine of UK.  It has been awarded the “Best Domestic Bank in China” by the Caijing magazine.  According to the listing of Yazhou Zhoukan (“Asiaweek”) of Hong Kong, CCB ranked first with “the highest net profit” and “the highest net interest income” and was hailed as the “most profitable bank in Asia”.  By the end of 2006, CCB has already become a state-owned bank with the highest earning power, the best asset quality, the highest increase in new deposits and new loans, the highest increase in issuance of new credit cards, the highest market share in short-term financial note issuance.  At the same time, it attaches much importance in the undertaking of its social responsibilities and is devoting itself to reciprocate society.  Each year, CCB and its staff donate large sums of money and a lot of materials to support causes in medical care, education, culture, hygiene and disaster and poverty relief.  Their efforts have received much praise and recognition from all sectors of society.

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