Core Viewpoint - Jiangsu Rural Commercial Bank has signed a strategic cooperation agreement with the Jiangsu Provincial Department of Industry and Information Technology to enhance collaboration across various sectors, aiming to improve the business environment and support advanced manufacturing enterprises in Jiangsu [1][3]. Group 1: Cooperation Mechanism - The agreement emphasizes the establishment of a continuous cooperation mechanism through joint initiatives such as party-building and strategic cooperation signing, fostering closer ties between various levels of institutions and departments [2]. - There will be a focus on supporting large-scale enterprises, particularly manufacturing champions and innovative small and medium-sized enterprises, by enhancing financial services tailored to the needs of the industrial chain [2]. Group 2: Product Innovation - The partnership aims to innovate the product system by launching credit products that better meet the needs of small and medium-sized enterprises, continuously optimizing the offerings based on industry dynamics [2]. - Jiangsu Rural Commercial Bank has already introduced several specialized credit products, such as the "Smart Transformation Loan," to strengthen financial support for relevant large-scale enterprises [2]. Group 3: Organizational Structure - Jiangsu Rural Commercial Bank was established on April 8 this year, maintaining the legal status of existing rural credit institutions and ensuring stability at the county level, which is seen as a cost-effective reform model [3]. - The bank has actively expanded its business scope since its inception, signing strategic cooperation agreements with major entities like China UnionPay and Huawei, showcasing its commitment to innovative financial services [3]. Group 4: Economic Impact - The collaboration with the Jiangsu Provincial Department of Industry and Information Technology is a significant step for Jiangsu Rural Commercial Bank in expanding its financial services, contributing to the province's industrial and information technology development [3]. - This initiative is expected to inject new vitality into Jiangsu's economic development and enhance the province's role as a leader in the national industrial and information technology sectors, promoting high-quality economic growth [3].