Xinhua News Agency and the Bank of China signed a comprehensive strategic cooperation agreement on August 31, 2009. Under the agreement, the cooperative effort will encompass the establishment of a platform for financial information and corporate, as well as personal, financial services. Lu Wei, vice-president of Xinhua stated that the cooperation is a strategic move to ensure national economic security and enhance the financial competitiveness of the State.
Source: Xinhua, August 31, 2009
http://news.xinhuanet.com/politics/2009-08/31/content_11972878.htm