On the 27th, China Minsheng Bank's Stone Industry Finance Division was established in Quanzhou, which is the first national institution in China to specialize in stone industry finance. At the meeting, the municipal government and Minsheng Bank signed the “Strategic Cooperation Agreement for Supporting the Second Entrepreneurship of Quanzhou Stone Industryâ€. Hongqi, the president of Minsheng Bank, and the leaders of the city, Xu Gang, Huang Shaoping, Weng Zugen, Chen Rongzhou, and the municipal government secretary Lu Yimin attended the relevant activities. Due to the non-renewable, non-standardized pricing and centralized display sales of natural stone, the two major links of mining and product sales at both ends of the stone industry chain are entering a period of rapid development, and there are huge business opportunities. Quanzhou is the city with the largest economic output in Fujian. The private economy is active and the solid economy has a solid foundation. It is also the largest stone industry base in the country. In Nan'an alone, stone production accounts for more than 30% of the country's total, and product exports account for 70% of the country's total; stone industry's output value accounts for more than 50% of the local GDP. Optimistic about the location advantage of Quanzhou stone industry, Minsheng Bank set up the first stone industry finance department outside the municipal headquarters directly under the jurisdiction of Nan'an Shuitou, and will base itself on clusters and radiation throughout the country, and rapidly increase the intensity and depth of financial development of the stone industry. Established three major brands: “stone mine financial experts, stone micro-finance experts, stone trading expertsâ€. Participants believed that the establishment of the business unit is a beneficial exploration for the win-win cooperation between the financial industry and Quanzhou's real economy, and will better promote the transformation and upgrading of the Quanzhou stone industry. The "Flood Industry Financial Development Plan" was also released at the meeting.
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