China Cinda Asset Management sends team to boost development in Guizhou

China Cinda Asset Management Co dispatched a financial expert panel to Southwest China's Guizhou province and leveraged its comprehensive financial services in an effort to help boost regional development, according to the company.

The State-owned distressed asset management company will work closely with Guizhou province, providing special focuses on financial services for the real economy, forestalling and defusing risks, facilitating State-owned enterprise reform and helping the property sector overcome difficulties, the company said in a WeChat post on Saturday.

The company rolled out specific measures to provide financial services for promoting the high-quality development and modernization drive of Guizhou, as highlighted by 50-member financial expert group and paired cooperation, according to the company.

The company said it will fully assume the responsibilities of preventing and defusing various risks and offering stronger financial services in boosting the real economy, to provide strong financial underpinning for Guizhou's high-quality growth.

wangkeju@chinadaily.com.cn